the following incomplete data were taken from the records of Cristo king co. after a fire blasted the manufacturing plant on December 30, 2021.

direct materials purchased P160,000,

inventories, January 1, 2021:

work in process inventory 34,000

Direct materials Inventory 16,000

Finished goods Inventory 30,000

Sales revenues 500,000

Cost of goods available for sale 450,000

Prime costs 294,000

Direct labor costs 180,000

Indirect manufacturing costs (40% of CC)

Gross profit on cost, 25%

What is the balance of the work in process in Sepetmeber 30, 2021?