Rainier Industries has Raw materials inventory on January 1, 20x8 of $34,800 and Raw materials inventory on December 31, 20x8 of $29,000. If raw materials used during the year were $158,000 what was the amount of raw materials purchased during the year?

Rainier Industries has Raw materials inventory on January 1, 20x8 of $34,800 and Raw materials inventory on December 31, 20x8 of $29,000. If raw materials used during the year were $158,000 what was the amount of raw materials purchased during the year? Multiple Choice $152,200. $163,800. $158,000. $169,600. None of the answers is correct