Mendez Inc. had the following information for the preceding year: Beginning Ending Inventory Inventory (1/1) (12/31) $ ?? $ 41,000 $ ?? $ 31,700 Work in Process Inventory Finished Goods Inventory Additional information for the year is as follows: Direct materials used $ 203,700 Direct labor $ 151,400 Manufacturing overhead applied $162,700 Cost of goods manufactured $531,100 Cost of goods sold $553,200 What was the beginning Work in Process Inventory balance on 1/1