Maka Manufacturing Company processes 15,000 gallons of direct materials to produce two products, Product X and Product Y. Product X sells for $4 per gallon and Product Y, the main product, sells for $50 per gallon. The following information is for August:

Beginning Ending

Production Sales Inventory Inventory

Product X: 4,375 4,000 0 375

Product Y: 10,000 9,625 125 500

The manufacturing costs totaled $15,000.

Instructions: What is the ending balance inventory of the byproduct if byproducts are recognized in the general ledger at the point of sale?