Peyton Manufacturing has the following data: Work-in-process inventory, January 1, 20x8 Work-in-process inventory, December 31, 20x8 Conversion costs during the year $ 59,000 64,500 431,000 If the cost of goods manufactured for the year was $568,000, what was the amount of direct materials used during the year? Multiple Choice $142,500. $60,500. $137,000. $193,500. None of the answers is correct.