Wildhorse Instrument Company uses a process costing system. A unit of product passes through three departmentsmoulding, assembly, and finishingbefore it is completed. The following activity took place in the finishing department during May:

		Units
Work in process inventory, May 1		2,100
Transferred in from the assembly department		15,000
Completed and transferred out to finished goods inventory		11,500

Raw material is added at the beginning of processing in the finishing department. The work in process inventory was 70% complete in terms of conversion costs on May 1 and 40% complete in terms of conversion costs on May 31. Wildhorse Instrument Company uses the weighted-average method. The equivalent units and current period costs per equivalent unit of production for each cost factor are as follows for the finishing department:

		Equivalent Units			Current Period Costs per Equivalent Unit
Transferred-in costs		15,400				$6.10
Raw materials		15,400				2.40
Conversion costs		13,450				4.50
Total						$13.00

The cost of the finishing departments work in process inventory on May 31

What is the Cost of the finishing departments work in process inventory?