The Choco Corp. incurred the following costs in 2020: Beginning direct materials inventory $10,000 Beginning work in process inventory $72,000 Ending direct materials inventory $24,000 Ending finished goods inventory $21,449 Direct labor cost $24,000 Manufacturing overhead $14,000 Total product costs $70,000 Cost of goods manufactured" $96,000 $130,000 Cost of goods sold What is the beginning finished goods inventory balance? (hint: use cost of goods sold formula) 4