Wolanski 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	$	11
Direct labor	$	5
Variable manufacturing overhead	$	5
Fixed manufacturing overhead per year	$	110,000
Selling and administrative expenses:
Variable selling and administrative expense per unit sold	$	4
Fixed selling and administrative expense per year	$	71,000

Units in beginning inventory		0
Units produced during the year		11,000
Units sold during the year		8,000
Units in ending inventory		3,000

Which of the following statements is true?

		The amount of fixed manufacturing overhead released from inventories is $248,000
		The amount of fixed manufacturing overhead deferred in inventories is $248,000
		The amount of fixed manufacturing overhead released from inventories is $30,000
		The amount of fixed manufacturing overhead deferred in inventories is $30,000