Assume that a company provided an income statement as follows: $524,000 250,000 274,000 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expense Net operating income $ $140,000 63,800 203,000 $ 71,000 If the income statement above has been adjusted to reflect overapplied overhead of $10,000 and the company's beginning and ending finished goods inventories were $8,000 and $3,000, respectively, then what is its cost of goods manufactured