Computing cost of goods manufactured and cost of goods sold. The following are account balances relating to 2007 (in thousands):

Property tax on plant building $ 3,600 Marketing, distribution, and customer service costs 44,400 Finished goods inventory,January 1, 2007 32,400 Plant utilities 20,400 Work-in-process inventory, December 31, 2007 31,200 Amortization of plant building 10,800 General and administrative costs (nonplant) 51,600 Direct materials used 104,400 Finished goods inventory, December 31, 2007 40,800 Amortization of plant equipment 13,2 00 Plant repairs and maintenance 19,200 Work-in-process inventory,January 1, 2007 24,000 Direct manufacturing labour 40,800 Indirect manufacturing labour 2 7,600 Indirect materials used 13,200 Miscellaneous plant overhead 4,800 Required Compute cost of goods manufactured and cost of goods sold.