Coldplay Corporation incurred the following costs while manufacturing its product. Materials used in product $105,000 Advertising expense $51,000 Depreciation on plant 62,000 Property taxes on plant 21,000 Property taxes on store 7,800 Delivery expense 30,000 Labor costs of assembly-line workers 120,000 Sales commissions 38,000 Factory supplies used 33,000 Salaries paid to sales clerks 60,000 Work-in-process inventory was $13,900 at January 1 and $16,600 at December 31. Finished goods inventory was $66,000 at January 1 and $55,900 at December 31. (a) Compute cost of goods manufactured. (b) Compute cost of goods sold