Given the following information, compute the ending balances of the Materials Inventory, Work in process Inventory, and Finished Goods Inventory accounts:

Materials Inventory, beginning balance ........ $23,000

Work in process inventory, beginning balance ...... 25,750

Finished goods inventory, beginning balance ....... 38,000

Direct materials purchased ............. 85,000

Direct materials place into production ........... 74,000

Direct labor costs ................. 97,000

Overhead costs .................. 35,000

Cost of goods manufactured ............. 123,000

Cost of goods sold ................. 93,375