The management accountant has left this partially completed process costing template: Physical Units Total Equivalent Units Timber Conversion costs Eq. Units $ $ Eq. units $ Units Beg. WIP Current 5,000 $22,900 5,000 $7,900 10,000 $102,300 10,000 $30,000 2,000 $15,000 11,425 $72,300 Total 15,000 $125,200 15,000 $37,900 13,425 $87,300 Transferred out 4,500 4,500 4,500 End. WIP 10,500 10,500 8,925 Total 15,000 15,000 13,425 Assuming the company uses the weighted average method calculate the total value of ending WIP inventory. Enter your final answer to 2 decimal places.