Stephenson Company's computer system recently crashed, erasing much of the company's financial data. The following accounting information was discovered soon afterwards on the CFO's back-up computer data. $400,000 35,000 46,000 59,000 18,000 Cost of Goods Sold Work-in-Process Inventory, Beginning Work-in-Process Inventory, Ending Selling and Administrative Expense Finished Goods Inventory, Ending Finished Goods Inventory, Beginning Direct Materials Purchased Factory Overhead Applied Operating Income Direct Materials Inventory, Beginning Direct Materials Inventory, Ending Cost of Goods Manufactured Direct Labor 193,000 142,000 33,000 24,000 7,000 360,000 70,000 The CFO of Stephenson Company has asked you to recalculate the following accounts and report to him by week's end What should be the amount of direct materials used