The financial records for the Harrison Manufacturing Company have been destroyed in a fire. The following information has been obtained from a separate set of books maintained by the cost accountant. The cost accountant now asks for your assistance in computing the missing amounts. Direct Materials Inventory Beg. Bal. 9,300 ? Transferred Out Purchases ? End. Bal. 7,700 Cost of Goods Sold 70,000 Work-in-Process Inventory Beg. Bal. 8,800 ? Transferred Out Materials 20,600 Labor 14,800 Overhead 9,300 End. Bal. Finished Goods Inventory Beg. Bal. ? ? Transferred Out Transferred in End. Bal. 40,800 5,500 End. Bal. 2 Finished Goods Inventory Beg. Bal. ? ? Transferred Out 2 2 40,800 Transferred in End. Bal. 5,500 What is the value of the ending Work-in-Process inventory balance? Multiple Choice $5.500 $12,700. $9,300. $0