10 The manufacturing operations of a company had the following balances for the month of January: Inventories Raw materials Work in process Finished goods January 1 January 31 $56,000 $102,000 $21,000 $23,000 $69,000 $48,000 The company transferred $345,000 of completed goods out of work in process during January. What is the cost of goods sold for January? $343,000 $299,000 $345,000 $365,000 NEXT> BOOKMARK T