QUESTION 1 Carolina Corporation Beginning of 2017 End of 2017 Direct materials inventory 124,000 73.000 Work-in-process inventory 173,000 145,000 Finished-goods inventory 240,000 206,000 Purchases of direct materials 262.000 Direct manufacturing labor 217,000 97,000 Indirect manufacturing labor Plant insurance 9.000 45,000 Depreciationplant, building, and equipment Plant utilities 26,000 Repairs and maintenance-plant 12.000 Equipment leasing costs 65,000 125,000 Marketing, distribution, and customer- service costs General and administrative costs 71,000 Calculate the direct materials used Present your answers with a $ and no comma for thousands so e.g. as $4000 not 4,000