The following events took place at a manufacturing company for the current year:

Purchased $$95,000$ in direct materials

Incurred labor costs as follows: $($a$)$ direct, $$56,000$ and $($b$)$ indirect, $$13,600$

Other manufacturing overhead was $$107,000,$ excluding indirect labor.

Transferred $80\%$ of the materials to the manufacturing assembly line.

Completed $65\%$ of the Work$-$in$-$Process during the year.

Sold $85\%$ of the completed goods.

There were NO beginning inventories.

What is the value of the ending Finished Goods Inventory?

$$13,261\mathrm{.}50$

$$24,628\mathrm{.}50$

$$26,481\mathrm{.}00$

$$164,190\mathrm{.}00$