Duc Manufacturing Ltd had the following account balances at the end of 2019 financial year.

	Balance
Finished Goods-1 January 2019	$125,000
Work in Process-1 January 2019	33,200
Raw Materials1- January 2019	7,500
Prepaid Factory Rent	60,000
Insurance Expense-Office	5,000
Freight-in	12,500
Office Supplies on hand	2,500
Factory Rent Expense	35,000
Sales	1,750,000
Direct Labour	113,000
Raw Materials Purchases	325,520
Office Supplies Expense	1,500
Indirect Labour	75,300
Factory Supplies	12,650
Depreciation Expense-Office Vehicles	10,000
Electricity and Gas-Factory	82,150
Raw material purchase return & allowances	23,370
Factory Insurance	11,500
Sales Commissions	72,700
Office Salaries	42,000
Depreciation Expense-Machinery	135,000
Interest Expense	10,000

Additional information relating to the company is as follows:

1. The inventories as of 31 December 2019 were:

Raw materials $ 24,150

Work in process $ 37,500

Finished goods $172,500

2. Expenses incurred as of end of the year but not yet recorded were: direct labour $17,000 and office salaries, $2,300.
3. On 1 September 2019 the company paid $60,000 for the next 12 months factory rent and recorded this amount in the Prepaid Factory Rent Account.
4. At the end of the year the office supplies on hand available was $500

Required: Prepare a cost of goods manufactured statement for 31 December 2019.