Frost Corporation Incurred the Following Transactions During Its First Year

Frost Corporation incurred the following transactions during its first year of operations.(Assume all transactions involve cash.)
1) Acquired $1,000 of capital from the owners.
2) Purchased $300 of direct raw materials.
3) Used $100 of these direct raw materials in the production process.
4) Paid production workers $400 cash.
5) Paid $200 for manufacturing overhead (applied and actual overhead are the same) .
6) Started and completed 200 units of inventory.
7) Sold 50 units at a price of $6 each.
8) Paid $40 for selling and administrative expenses.
The amount of raw material inventory on the balance sheet at the end of the accounting period would be:

A) $100.
B) $200.
C) $300.
D) $0.