Crane Corporation incurred the following costs while manufacturing its product.

Materials used in product		$126,100		Advertising expense		$53,400
Depreciation on plant		70,700		Property taxes on plant		16,500
Property taxes on store		8,060		Delivery expense		22,000
Labor costs of assembly-line workers		111,900		Sales commissions		44,200
Factory supplies used		24,000		Salaries paid to sales clerks		51,100

Work in process inventory was $14,300 at January 1 and $16,600 at December 31. Finished goods inventory was $70,600 at January 1 and $45,900 at December 31.

a) Compute cost of goods manufactured.

Cost of goods manufactured $_____

b) Compute cost of goods sold.

Cost of goods sold $_______