Crane Industries reported the following information for December:

Beginning balance, Raw Materials Inventory

$187000

Beginning balance, Work in Process Inventory

290000

Beginning balance, Finished Goods Inventory

106000

Manufacturing overhead applied

525500

Purchases of raw materials

336000

Factory electricity

62000

Direct labor payroll

190000

Depreciation on factory equipment

218000

Insurance on factory building

45000

Indirect materials used in production

43000

Total raw materials used in production

406000

Indirect labor payroll

140000

Cost of goods manufactured

1240000

Cost of Goods Sold

1312000

What was the ending balance in Cranes Work in Process Inventory account at December 31?

$173000

$74000

$128500

$252000