Damsel,Inc Calculate the Amount of Ending Finished Goods Inventory Reported on Following

Multiple Choice

Damsel,Inc.is a large manufacturer of auto tires.Damsel has provided the following information: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 55,000 \\\hline \text { Beginning Finished Goods Inventory } & 18,500 \\\hline \text { Cost of Goods Sold } & 33,000 \\\hline \text { Cost of Goods Manufactured } & 52,000 \\\hline\end{array}$$ Calculate the amount of ending Finished Goods Inventory reported on Damsel's balance sheet.

A) $3,000
B) $70,500
C) $37,500
D) $19,000