The following information pertains to the January operating budget for ABC Corporation.

• Collections for sales are 50% in the month of sale and 50% the next month.
• Desired ending inventory is 20% of next month's cost of goods sold (COGS).
• Administrative costs are $19,000 each month.
• Gross margin is 20% of sales.
• Beginning accounts receivable is $29,000.
• Beginning accounts payable is $74,000. (All from inventory purchases.)
• Budgeted sales for January $206,000 and February $109,000.
• Purchases are paid in full the following month.
• Beginning inventory is $14,000.

At the end of January, budgeted ending inventory is?

Instructions: In the box below, please input your answer without adding $, commas, cents or any other symbol, label or word.