South-eastern GmbH manufactures a single product that it sells for $30 per unit. According to their variable costing income statement, the company had the following cost structure this October Variable Cost of Goods Sold: $36,000 Variable Selling and Administrative: $12,000 Fixed Manufacturing: $21,600 Fixed Selling and Administrative: $6,000 There were 1,900 units in beginning inventory. During October, 3,600 units were produced and 4,000 units were sold. Under absorption costing, the value of the October 31 finished goods inventory would be: $