Parnelli Tires uses a process costing system and has 1,600 tires remaining in its Belting Department's Work in Process inventory at month end. These tires are 90% and 40% complete with regard to materials and conversion costs, respectively. There were 6,500 tires completed and transferred out during the period. Conversion costs during the beginning of the month were $69,300 and added during the period were $116,340. How much is the conversion cost of the ending Work in Process? $24,960 $36,700 $16,640 $7,140