The following information was taken from the accounting records of Fessler Tool Corporation.

Work in process inventory, beginning of the year $35,000

Cost of direct materials used 270,000

Direct labor cost applied to production 130,000

Cost of finished goods manufactured 698,250

Overhead assigned to production was $300,000.

Compute the amount of the work in process inventory on hand at year-end.

Ending Work in process inventory:__________________