Presented below is data from partially completed ledger accounts and additional information for the CumChan Manufacturing Company for the year 2020. Account balances at 01/01/2020: 3 Raw Materials Work-in-Process Finished Goods Manufacturing Overhead $20,000 $15,000 $10,000 $0 Additional Information: 1. Direct manufacturing labour wage rate was $10 per hour. 2. Manufacturing overhead is applied at $5 per direct manufacturing labour hour. 3. Direct manufacturing labour costs for year was $180,000. 5. Total credit entries to Raw Materials account during year $200,000. 6. Total debit entries to the Finished Goods account during year $400,000. 7. Total debit entries to Manufacturing Overhead during the year $80,000. 8. Ending Finished Goods was $15,000. Required: What was the balance in Work-in-Process inventory on December 31, 2020