Gulick Company developed the following data for the current year:

Gulick Company developed the following data for the current year: Beginning work in process inventory- $160,000; Direct materials used - 96,000; Actual overhead- 192,000; Overhead applied- 144,000; Cost of goods manufactured- 176,000; Total manufacturing costs- 480,000. Gulick Company's ending work in process inventory is $464,000. How do you find this answer ($464,000)?