Account Balances The following are account balances relating to 2019 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of goods manufactured and the cost of goods sold. Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2019 Manufacturing costs incurred during 2019 Add beginning work-in-process inventory, Jan 1, 2019 Total manufacturing costs to account for Deduct ending work-in-process inventory, Dec 31, 2019 Cost of goods manufactured \begin{tabular}{|r|} \hline$256,550.00 \\ \hline$24,100.00 \\ \hline$280,650.00 \\ \hline$31,450.00 \\ \hline$249,200.00 \\ \hline \hline \end{tabular}