ACCTMIS 2300-Clyde Company provided the following inventory information for June

Clyde Company provided the following inventory information for June:

 June 1 June 30
Direct materials 17,000 15,000
Work in process 14,000 11,000
Finished goods ? 40,000

The following additional information was available for June:

Sales revenue ...................................... $102,000
Direct labor ....................................... 18,000
Selling & administrative expenses .................. 30,000
Applied overhead ................................... 12,000
Net income ......................................... 40,000
Direct materials purchased ......................... 10,000
Actual overhead .................................... 17,000

Calculate Clyde Company's finished goods inventory balance at June 1.
Do not use decimals in your answer.