SurfsUp Specialty Products has the following inventory account balances and related manufacturing cost flow information for the month of October:

Raw Materials, October 1	$	20,000
Raw Materials, October 31	$	25,000
Work in Process, October 1	$	45,000
Work in Process, October 31	$	40,000
Finished Goods, October 1	$	68,000
Finished Goods, October 31	$	62,000
Raw materials purchased		?
Raw materials used	$	75,000
Direct labor incurred		?
Manufacturing overhead incurred	$	120,000
Cost of goods manufactured	$	300,000
Cost of goods sold		?

Raw materials purchased in October is:

• $5,000.

• $70,000.

• $80,000.

• $90,000.