Stephenson Company's computer system recently crashed, erasing much of the company's financial data. The following accounting information was discovered soon afterwards on the CFO's back-up computer data. Cost of Goods Sold Work-in-Process Inventory, Beginning Work-in-Process Inventory, Ending Selling and Administrative Expense Finished Goods Inventory, Ending $394,000 33,500 44,200 56,300 17,100 Finished Goods Inventory, Beginning ? Direct Materials Purchased 186,400 Factory Overhead Applied 177,100 Operating Income 29,700 Direct Materials Inventory, Beginning 22,200 Direct Materials Inventory, Ending 6,700 Cost of Goods Manufactured Direct Labor 389,700 21,400 The CFO of Stephenson Company has asked you to recalculate the following accounts and report to him by week's end. What should be the amount in the finished goods inventory at the beginning of the year?