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The following information is available for Aikman Company. January 1, 2020 2020 December 31, 2020 $23,680 $31,650 16,120 18,470 Raw materials inventory Work in process

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The following information is available for Aikman Company. January 1, 2020 2020 December 31, 2020 $23,680 $31,650 16,120 18,470 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor 29,410 21,410 $153,280 221,550 Manufacturing overhead 184,550 Sales revenue 903,450 Show the presentation of the ending inventories on the December 31, 2020, balance sheet. AIKMAN COMPANY (Partial) Balance Sheet

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