The Following Information Is Available for the Year Ended December

Multiple Choice

The following information is available for the year ended December 31: $\begin{array} { | l | r | } \hline \text { Beginning raw materials inventory } & \$ 21,500 \\\text { Raw materials purchases } & 74,000 \\\hline \text { Ending raw materials inventory } & 23,000 \\\hline \text { Office supplies expense } & 2,400 \\\hline\end{array}$ The amount of raw materials used in production for the year is:

A) $76,400.
B) $95,500.
C) $72,500.
D) $74,900.
E) $70,100.