The following data have been taken from the accounting records of Larner Corporation for the year just completed: Raw materials inventory, beginning $70,000 Sales $3,000,000 Purchases of raw materials $1,500,000 Finished goods inventory, beginning $98.000 Direct labour $679,000 Administrative expenses $790,000 Raw materials inventory, ending $24,000 Work-in-process inventory, beginning $56.000 Manufacturing overhead $340.000 Work in-process inventory, ending $73.000 Selling expenses $500,000 Finished goods inventory, ending $37.000 What are the conversion and prime costs, respectively? $2.336,000 and $1.561,000 $1,019.000 and $1,546.000 $1,019.000 and $2.225.000