Neef Corporation has provided the following data for its two most recent years of operation: Which of the following statements is true for Year $1?$

Multiple Choice

The amount of fixed manufacturing overhead released from inventories is $$108,000$

The amount of fixed manufacturing overhead deferred in inventories is $$513,000$

The amount of fixed manufacturing overhead released from inventories is $$513,000$

The amount of fixed manufacturing overhead deferred in inventories is $$108,000$

Which of the following statements is true for Year $1?$