Root Shoe Company makes loafers. During the most recent year, Root incurred totalmanufacturing costs of $26,400,000. Of this amount, $2,100,000 was direct materialsused and $19,800,000 was direct labor. Beginning balances for the year were Direct materials inventory, $600,000; Work in process inventory, $800,000; and Finished goods inventory, $700,000. At the end of the year, inventory Accounts showed these showed these Materials Direct Labor Manufacturing OverheadDirect materials $ $ - $ - inventory 900,000 Work in process inventory 400,000 600,000 400,000Finished goods inventory 800,000 150,000 40,000RequirementsCompute Root Shoe Company