Frost Corporation incurred the following transactions during its first year of operations. (Assume all beginning inventory balances are zero.) 1) Purchased $300 of direct raw materials. 2) Used $100 of these direct raw materials in the production process. 3) Paid production workers $400 cash. 4) Paid $200 for manufacturing overhead (applied and actual overhead are the same). 5) Started and completed 200 units of inventory. 6) Sold 50 units at a price of $6 each. 7) Paid $40 for selling and administrative expenses. The amount of raw material inventory on the balance sheet at the end of the accounting period would be: O $100. O $175. O $0. O $200