The following has been provided:

Sales $1,974,000

Direct Materials Inventory. 1/1 54,000

Direct Materials Inventory, 12/31 ?

Direct Materials Purchased 206,000

Direct Materials used in Production 212,000

Direct Labor 434,000

Manufacturing Overhead 650,000

Selling and Administrative Expenses 300,000

Costs of goods manufactured 1,322,000

Cost of goods available for sale 1,420,000

Work in Process, 1/1 156,000

Work in Process, 12/31 ?

Finished Goods 1/1 ?

Finished Goods, 12/31 116,000

Income before taxes 370,000

Required:

Determine the following amounts.

a. Direct Materials Inventory, 12/31

b. Work in Process, 12/31

c. Finished Goods, 1/1