The Matsui Lubricants plant uses the FIFO method to account for its work-in-process inventories. The accounting records show the following information for a particular day:

Beginning WIP inventory

Direct materials $ 1,000

Conversion costs 437

Current period costs

Direct materials 15,995

Conversion costs 13,992

Quantity information is obtained from the manufacturing records and includes the following:

Beginning inventory 400 units (70% complete as to materials, 55% complete as to conversion)

Current period units started 5,100 units

Ending inventory 1,300 units (50% complete as to materials, 20% complete as to conversion)

Compute the cost of goods transferred out and the ending inventory using the FIFO method. (Do not round intermediate calculations.)