Johal Co. has the following relevant amounts for the year:

Actual manufacturing overhead costs incurred $190,000

Work-in-process, beginning balance 0

Work-in-process, ending balance $ 78,000

Finished goods inventory, beginning balance $ 150,000

Finished goods inventory, ending balance $ 322,000

Manufacturing overhead applied $ 180,000

Cost of goods manufactured $ 921,000

If the company closes the under- or overapplied overhead directly to cost of goods sold, what will be the balance in the cost of goods sold account?

a) $739,000

b) $759,000

c) $809,000

d) $921,000