Gulick Company developed the following data for the current year:

beginning work in process inventory.........$120,000

direct materials used.........................72,000

actual overhead..............................144,000

overhead applied.............................108,000

cost of goods manufactured...................132,000

total manufacturing..........................360,000

Gulick Company's endung work in process inventory is?

A) $348,000

B) $240,000

C) $228,000

D) $108,000