Prior to preparing the financial statements for its first year of operations, a clumsy accountant accidently deleted some of Tick Tock Clocks' financial information. The following information remains (all accounts shown): Accounts payable Accounts receivable Beginning inventory Cash Cost of goods sold Ending inventory Freight-in Gross profit Common stock Dividends Net income Purchases Purchases returns Rent expense Sales returns Sales revenue Wages expense Wages payable $3,000 $7,000 ? ? $60,200 $18,500 $1,800 $55,400 $10,000 $4,200 $37,000 $72,000 $2,000 $4,000 $1,200 ? ? $4,600 What balance would Tick Tock Clocks report for beginning inventory? Numeric Response