Rainier Industries has Raw materials inventory on January 1, 20x8 of $32,500 and Raw materials inventory on December 31, 20x8 of $26,700. If raw materials used during the year were $135,000 what was the amount of raw materials purchased during the year?
A. $129,200.
B. $146,600.
C. $135,000.
D. $140,800.
E. None of the answers is correct.
Answer: A
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