Hubley Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed out to cost of goods sold at the end of the month. The company has provided the following data for August:

Direct materials	$	59,000
Direct labor cost	$	91,000
Manufacturing overhead cost incurred	$	62,000
Manufacturing overhead cost applied	$	66,000

Inventories:	Beginning	Ending
Work in process	$14,000	$16,000
Finished goods	$52,000	$33,000

The cost of goods sold that appears on the income statement for August and that has been adjusted for any underapplied or overapplied overhead is closest to:

$237,000

$233,000

$229,000

$214,000