Trump Company sells its product for $25 per unit. During 2016, it produced 20,000 units and sold 15,000 units (there was no beginning inventory). Costs per unit are: direct materials $5, direct labour $4, and variable selling costs $3. Fixed costs are: $100,000 manufacturing overhead, and $50,000 selling and administrative expenses.

The value of ending inventory under absorption costing is

DO NOT ENTER $ OR COMMAS IN YOUR ANSWER. I.E. FOR $22.33,ENTER 22.33