D Question 44 1 pts A manufacturing company has the following account balances: finished goods, $24,000; raw material, $30,000; work-in-process inventory. $6,000. What is the total amount of inventory on the statement of financial position (balance sheet)? $30,000 $24,000 $60,000 $6,000 Raptor Corporation is a merchandising company. Selected account balances are listed below: Sales $250,000 Purchases 112,500 Beginning inventory 8,000 Ending inventory 15,000 Operating expenses 74,000 Income tax expense 5,000 Beginning retained earnings 26,500 Dividends declared 7,500 Refer to Raptor Corporation. What is the cost of goods sold? $120,500 $137,500 O $129,500 $105,500