Koczela Inc. has provided the following data for the month of May:

Inventories:

	Beginning		Ending
Work in process	$	17,000	$	12,000
Finished goods	$	46,000	$	50,000

Additional information:

Direct materials	$	57,000
Direct labor cost	$	87,000
Manufacturing overhead cost incurred	$	63,000
Manufacturing overhead cost applied to Work in Process	$	61,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

The adjusted cost of goods sold that appears on the income statement for May is:

• $206,000

• $208,000

• $214,000

• $210,000