The financial records for the Harrison Manufacturing Company have been destroyed in a fire. The following information has been obtained from a separate set of books maintained by the cost accountant. The cost accountant now asks for your assistance in computing the missing amounts Direct Materials Inventory Beg. Bal. 8,200 Purchases Transferred out Cost of Goods Sold 59,000 and Transferred out Finished Beg. Bal. Transferred Out End. Bal. 6,600 Work in proces. Inventory Beg. Bal. 7,700 Materials 18,400 Labor 13,700 Overhead 8,200 End. Bal. Transferred in End. Bal. 39,700 4,400 What is the amount of the materials purchased