Question 6 (of 22) | Save & Exit | | Submit Time remaining: 1:40:37 6. During its first year of operations, Silverman Company paid $17,665 for direct materials and $10,400 for production workers' wages. Lease payments and utilities on the production facilities amounted to $9,400 while general, selling, and administrative expenses totaled $4,900. The company produced 6,350 units and sold 3,900 units at a price of $8.40 a unit. What is the amount of finished goods inventory on the balance sheet at year-end? (Do not round intermediate calculations.) o $2,450 o $14,455 o $7228 O $9,750