Rainier Industries has Raw materials inventory on January 1, 20x8 of $33,600 and Raw materials inventory on December 31, 20x8 of $27,800. If raw materials used during the year were $146,000 what was the amount of raw materials purchased during the year?

Multiple Choice

• $140,200.

• $151,800.

• $146,000.

• $157,600.

• None of the answers is correct.