The Jetson Company had 14,000 units in beginning inventory. During 2008 the company manufactured 90,000 units and sold 97,000 units. The company experienced the following costs (assume the same unit costs in all years): Direct materials $11.00/unit Direct labor $2.25/unit Other variable costs Manufacturing overhead $3.80/unit Selling $1.75/unit Other fixed costs Manufacturing overhead $180,000 Selling $25,000 Administrative $20,000 If the company uses variable costing the ending inventory for the year would be valued at