2. The CFO of Stoffer Corporation has provided the following data for October. The beginning balance in the raw materials inventory account was $40,000. During the month, the company made raw materials purchases amounting to $69,000. At the end of the month, the balance in the raw materials inventory account was $27,000. Direct labor cost was $26,000 and manufacturing overhead was $80,000. The beginning balance in the work in process account was $13,000 and the ending balance was $11,000. The beginning balance in the finished goods account was $35,000 and the ending balance was $47,000. Sales totaled $234,000. Selling expense was $24,000 and administrative expense was $26,000. The cost of goods sold for October was_ (10%)