Company X had the $70,000 of raw materials inventory at the beginning of May. During May, the company purchased additional raw materials for $45,000. Also, during May Company X withdrew a total of $30,000 materials, of which 80% is direct materials. The balance of the raw material inventory ($) by the end of May would be: a. None of the given answers O b. 55,000 O c. 85,000 d. 109,000 Oe. 91,000