Walsh Corporation has provided the following data for its most recent year of operations: Selling price per unit $ 48 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials $ 5 Direct labor $ Variable manufacturing overhead $ 110,000 Fixed manufacturing overhead per year Selling and administrative expenses: Variable selling and administrative expense per unit sold $ $ 71,000 Fixed selling and administrative expense per year 5 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory 0 11,000 8,000 3,000 Which of the following statements is true? Select one: O a. The amount of fixed manufacturing overhead released from inventories is $30,000 b. The amount of fixed manufacturing overhead deferred in inventories is $30,000 c. The amount of fixed manufacturing overhead deferred in inventories is $248,000 d. The amount of fixed manufacturing overhead released from inventories is $248,000