Santos Inc. had the following information for the preceding year: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Beginning Ending Inventory Inventory (1/1) (12/31) $ 43,200 $ 30,800 $ 40,300 $ ?? $ 31,500 $ ?? Additional information for the year is as follows: Direct materials used Direct labor Manufacturing overhead applied Cost of goods manufactured (completed) Unadjusted cost of goods sold $203,900 $157,700 $167,500 $533,200 $551,800 What was the ending Finished Goods Inventory balance on 12/31? Multinle Choice Type here to search 1