2 2 Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records. Cost of Goods Sold $ 75,000 Work-in-process Inventory, Beginning 14,500 Work-in-Process Inventory, Ending 11,000 Selling and Administrative Expense 20,000 Finished Goods Inventory, Ending 20,500 Finished Goods Inventory, Beginning Direct Materials Used Pactory overhead Applied 14,000 Operating Income 15,100 Direct Materials Inventory, Beginning 11,900 Direct Materials Inventory, Ending 6,700 Cost of Goods Manufactured 69,400 Direct labor cost incurred during the period amounted to 15 times the factory overhead. The Chief Financial Officer of Conrad, Incorporated hos osked you to recalculate the following accounts and to report to him by the end of the day. What is the amount of direct materials purchased