Oceanwood Manufacturing recorded the following information for the month of May pertaining to its use of materials in Work in Process: Beginning inventory............. 10,000 units, 100% complete Value of beginning inventory.... $159,000 Materials added................. $853,000 Completed units transferred out. 70,000 Ending inventory................ 5,000 units, 100% complete What is the FIFO value of materials in ending Work in Process Inventory for the month of May? (Round to the nearest $1.00.)