Rodman Company has the following balances as of December 31 20X7. Materials in

Rodman Company has the following balances as of December 31 20X7. Materials inventory $15000 dr.
Work in process inventory $32200 dr.
Finished good inventory $50100 dr.
Manufacturing overhead (after allocation) $3500 dr.
Cost of good sold $74500 dr. Additional information is as follows:
Cost of materials purchased during 20X7 $41000
Cost of direct materials requisitioned in 20X7 $47000
Cost of indirect materials requisitioned in 20X7 $8000
Cost of goods completed in 20X7 $105000
Manufacturing overhead allocated (120% of direct labor) $51000 Required:
a. January 1 20X7 materials inventory