Tierney Construction, Inc. recently lost a portion of its financial records in an office theft. The following accounting information remained in the office files:

Cost of goods sold$86,000Work in process inventory, January 1, 201620,900Work in process inventory, December 31, 201616,500Selling and Administrative Expenses19,200Net Income34,000Factory overhead21,200Direct materials inventory, January 1, 201627,600Direct materials inventory, December 31, 201615,000Cost of goods manufactured104,800Finished goods inventory, January 1, 201634,400

Direct labor cost incurred during the period amounted to 2.5 times the factory overhead. The CFO of Tierney Construction, Inc. has asked you to recalculate the following accounts and to report to him by the end of tomorrow.

What should be the amount in the finished goods inventory at December 31, 2016?