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						$97,800
	Work-in-Process Inventory, January 1, 2015						$22,900
	Work-in-Process Inventory, December 31, 2015						$17,800
	Selling and Administrative Expense						$19,700
	Net Income						$37,200
	Factory overhead						$24,800
	Direct materials inventory, January 1, 2015						$32,500
	Direct materials inventory, December 31, 2015						$17,100
	Cost of goods manufactured						$121,500
	Finished goods inventory, January 1, 2015						$38,500
Direct labor cost incurred during the period amounted to 3.1 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, 2015?
$17,100
$97,800
$62,200
$17,800