John Sayler, a medical equipment manufacturer, paid and incurred the following expenses during the current year:

$($the answer will be posted at $6$ pm EDT today$)$

Raw materials $$60,000$

Direct labor $50,000$

Materials and supplies $50,000$

Freight$-$in on raw materials $1,000$

Freight on shipments of finished goods $1,000$

Allocable overhead expenses for production $10,000$

Cost of inventory donated to charity $1,000$

Fair market value of inventory donated $3,000$

Beginning inventory $20,000$

Ending inventory $30,000$

The inventory donated to charity was included in the beginning inventory and is not eligible for special treatment under Sec. $170($e$)(3).$ What was the amount of John Sayler's cost of goods sold for the current year?