Low Company's December $31,2029$ balance sheet included

the following accounts:

ASSETS:

Accounts receivable

Cash $....................$

Copyright $..............$ $$54,000$

Inventory $..............?$

Land dots.....................

Supplies....dotsdotsdotsdots. $$52,000$

LIABILITIES:

Accounts payable $..........$ $$74,000$

Notes payable $...............$ $$50,000($see note below$)$

Salaries payable $............$ $$26,000$

EQUITY:

Common stock $.............................?$

Retained earnings $...$

Low Company reported the following financial statement

ratios at December $31,2029$:

Current ratio $................2\mathrm{.}10$

Acid$-$test ratio $............1\mathrm{.}04$

Note:

The note payable is a four$-$year loan that was taken

out on March $1,2026.$

Calculate the balance in the inventory account at

December $31,2029.$