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Based on the following,calculate Cost of Goods Sold. (You must show and label your work for credit.) Advertising Expense $25,000 Cost of Goods Manufactured $200,000

Based on the following,calculate Cost of Goods Sold. (You must show and label your work for credit.)

Advertising Expense $25,000
Cost of Goods Manufactured $200,000
Finished Goods Inventory, 1/1/2019 $152,000
Finished Goods Inventory, 12/31/2019 $166,000
Work-in-Process Inventory, 1/1/2019 $71,000
Work-in-Process Inventory, 12/31/2019 $92,000

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