Pikachu Company had the following information for the prior year: Beginning Ending Inventory Inventory (January (December 1) 31) $ ?? $ 44,000 $ ?? $ 39,000 Work in Process Inventory Finished Goods Inventory Additional information for the year is as follows: Direct materials used $ 245,000 Direct labor $195,000 Manufacturing overhead applied $205,000 Cost of goods manufactured $570,000 Unadjusted cost of goods sold $589,000 What amount should be in the beginning Finished Goods Inventory balance on January 1? Multiple Choice $58,000 $78,000 $74,000 $59,000