Based on the data furnished, how much was the raw materials purchased? Presented below is selected information from the Kudlick Company's current period accounting records (in $000s): Sales $25,000 Raw Materials Used 5,500 Direct Labor Costs 2,000 Period Costs (Selling and Administrative) 5,000 Beginning Raw Material Inventory 600 Ending Raw Material Inventory 2,000 Net Income 600 Beginning Work-in-Process Inventory 0 Ending Work-in-Process Inventory 600 Beginning Finished Goods Inventory 1400 Ending Finished Goods Inventory 800 O $6,900 O $5,500 O $2,000 O $7,500