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 9,700 Transferred Out Purchases ? Cost of Goods sold 74,000 55.20 Transferred Out Finished Goods Inventory Beg. Bal. Transferred Out End. Bal. 8,100 Work-in-Process Inventory Beg. Bal 9,200 Materials 21,400 Labor 15,200 Overhead 9,700 End. Bal. Transferred in End. Bal. 41,200 5,988 What is the amount of the materials purchased? Multiple Choice $21,400 O $23,000. O $17,800 O $19,800