Delta Company manufactures drills and sells them to distributors. In its first year of operations, Delta manufactured 10,000 drills and incurred $50,000 in direct material costs and $80,000 in direct labor costs. In addition, Delta capitalized $30,000 indirect costs for books and $65,000 for tax under UNICAP. At the end of the year, Delta had 4,200 drills on hand.

Compute Delta's CGS for tax purposes.