Item Amount $220.000 100,000 730,000 135.000 180.000 Audit Fees Depreciation on Building Direct Materials used in Production During the Year Factory Cleaning Supplies Glue and Oil Purchased and Used During the Year Machinery Repairs Medical Insurance for Factory Supervisors Nct Operating Income Paint Purchased During the Year Product Marketing Costs Salary of Chief Executive Officer Sales Wood Purchased During the Year Raw Materials Inventory (End of the Year) Work-in-Process Inventory (Beginning of the Year) Finished Goods Inventory (Beginning of the Year) Finished Goods Inventory (End of the Year) 212,000 135.000 2,071,000 302.000 192.000 45,000 5,350,000 278,000 350.000 900,000 800.000 400,000 6 pois 18. What is the balance of raw materials inventory at the beginning of the year? * $320,000 $365,000 $500,000 $802,000 None of the above