68) The following amounts were taken from the general ledger of the Excellent Manufacturing Company. Compute cost of goods manufactured and the cost of goods sold for the company for the year. $28,000 $52,000 Depreciation - plant & equipment 46,000 Repairs and maintenance plant 4,000 Raw materials inventory beg. of year Raw materials inventory - end of year Work in process inv. - beg. of year Work in process inv. -- end of year Finished goods inv. beg. of year Finished goods inv. - end of year Purchase of direct materials 110,000 Insurance on plant 85,000 General and administration exp. 26,000 Indirect labor 54,000 Direct labor 37,000 Marketing expenses 12,001 29,000 27,000 178,000 62,000