Computing cost of goods manufactured and cost of goods sold. Compute cost of goods manufactured and cost of goods sold from the following account balances relating to 195 (in thousands):

Property tax on plant building $ 3,000 Marketing, distribution, and customer-service costs 37,000 Finished goods inventory. January 1, 19_5 27,000 Plant utilities 17,000 Work in process inventory, December 31 , 1 9_5 26,000 Depreciation of plant building 9,000 General and administrative costs (nonplant) 43,000 Direct materials used 87,000 Finished goods inventory, December 31 , 1 9_5 34,000 Depreciation of plant equipment 1 1 ,000 Plant repairs and maintenance 16,000 Work in process inventory, January 1, 19_5 20,000 Direct manufacturing labor 34,000 Indirect manufacturing labor 23,000 Indirect materials used 1 1 ,000 Miscellaneous plant overhead 4,000