Waterway Industries's accounting records reflect the following inventories: Dec. 31, 2019 Raw materials inventory $ 90000 Work in process wentory 114000 Finished goods inventory 100000 Dec 31, 2020 $ 74000 126000 92000 During 2020, Waterway purchased $1450000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling 5160000 How much raw materials were transferred to production during 2020 for Waterway? $1466000 $1450000 $1434000 $1376000