13) The Sharp-Point Company is a manufacturer of pencils. Ita inventory accounts at the begin- ning and end of a month were as follows: Raw materials Work in process Finished goods Be. $ 17,000 33,000 26,000 End $ 22,000 35,000 23,000 During the month, the Sharp-Point Company incurred costs as follows: Raw materials purchased Factory labor costs Other factory costs. Selling expenses Administrative expenses $ 31,000 43,000 15,000 3.000 4,000 The cost of goods sold for the month amounted to: A) $85,000 B) $88,000 C) $89.000 D) $90,000 E) $92,000