rint Company had no beginning inventories for 2019, produced 10,000 printers and sold 6,000 of them for $500 per printer during the year. The costs for the year were as follows:

Direct Materials $140/printer

Direct Labor $10/printer

Variable Overhead $40/printer

Fixed Overhead $1,000,000

Variable Selling costs $20/printer

Fixed Administrative costs $500,000

What is Prints December 31, 2019 inventory ending balance (in $) using variable costing?