ABC Company recorded the following information related to their inventory accounts for 2017: Direct materials Work in process Finished goods January 1, 2017 22,000 50,000 38,000 December 31, 2017 37,000 41,000 35,000 ABC Company's accounting records for 2017 indicated the following costs had been incurred: Direct materials purchased Depreciation, office equipment Direct labor Utilities.. Sales commissions. Indirect materials. Depreciation, factory equipment Production supervisor's salary Advertising.. $124,000 40,000 79,000 20,000 56,000 18,000 27,000 76,000 61,000 60% of the utilities relate to the factory while 40% of the utilities relate to the general office building. Calculate the total period costs incurred during 2017