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

1. (1) Purchased $96,500 in direct materials.
2. (2) Incurred labor costs as follows: (a) direct, $57,500 and (b) indirect, $15,100.
3. (3) Other manufacturing overhead was $108,500, excluding indirect labor.
4. (4) Transferred 80% of the materials to the manufacturing assembly line.
5. (5) Completed 65% of the Work-in-Process during the year.
6. (6) Sold 85% of the completed goods.
7. (7) There werenobeginning inventories.

What is the value of the ending Finished Goods Inventory?