Tatar Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year: Beginning inventories: Raw materials $ 37,000 Work in process $ 15,000 Results of operations: Raw materials purchased on account $ 480,000 Raw materials (all direct) requisitioned for use in production 434,000 How much is the ending balance in the Raw Materials inventory account? $83.000 $37,000 $120,000 $517,000