Watson Corporation has the following information for the current month: Units started 95,000 units Beginning Work in Process: (30% complete) 15,000 units Normal spoilage (discrete) 3,000 units Abnormal spoilage 4,000 units Ending Work in Process: (75% complete) 15,000 units Transferred out 88,000 units Beginning Work in Process Costs: Material $18,000 Conversion 14,000 All materials are added at the start of the production process. Watson Corporation inspects goods at 75 percent completion as to conversion. Refer to Watson Corporation. Assume that the costs per EUP for material and conversion are $2.00 and $2.25, respectively. Assuming that weighted average is used, what is the cost assigned to ending inventory