Niles Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year Beginning inventories: Raw materials Work in process Estimated total manufacturing overhead at the beginning of the year Estimated direct labor-hours at the beginning of the year $ 47,000 $ 20,000 $646, 250 47,eee direct labor-hours Results of operations Raw materials purchased on account Raw materials (all direct) requisitioned for use in production Direct labor cost Actual direct labor-hours Manufacturing overhead: Indirect labor cost other manufacturing overhead costs incurred Cost of goods manufactured $ 538,000 $ 535,000 $ 699,000 37,000 direct labor-hours $ 134,000 $ 453, eee $1,568,000 How much is the ending balance in the Raw Materials inventory account