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) $ 41,800 $ 38,300 $ 36,800 $ ?? $ 33,500 $ ?? Additional information for the year is as follows: Direct materials used Direct labor Manufacturing overhead applied Cost of goods manufactured Cost of goods sold $204, 300 $151,600 $169,600 $529,400 $548,100 What was the ending Work In Process Inventory balance on 12312 What was the ending Work in Process Inventory balance on 12/317 Multiple Choice $16.300 $55.500 $53.100 $32.900