Peyton Manufacturing has the following data: Work-in-process inventory, January 1, 20x8 $ 67,000 Work-in-process inventory, December 31, 20x8 72,500 Conversion costs during the year 439,000 If the cost of goods manufactured for the year was $575,000, what was the amount of direct materials used during the year? Multiple Choice $141,500. $20,500. $136,000. $217,500. None of the answers is correct