On January 1, Fancy Reno Company's Work in Process account had a balance of $18,000. During the year, direct materials costing $35,000 were placed into production. Direct labour cost for the year was $60,000. The predetermined overhead rate for the year was set at 150% of direct labour cost. Actual overhead costs for the year totaled $92,000. Jobs costing $190,000 to manufacture according to their job cost sheets were completed during the year. On December 31, the balance in the Work in Process inventory account would be