Logan Corp's trial balance of income statement accounts for the year ended December 31, 2017 included the following: Debit Credit Sales revenue $280.000 Cost of goods sold $170,000 Administrative expenses 40,000 Loss on disposal of equipment 18,000 Sales commission expense 16,000 Interest revenue 10,000 Freight-out 6.000 Loss from discontinued operations 24,000 Bad debt expense 6,000 Totals $280,000 $290.000 On Logan's multiple-step income statement for 2017, cost of goods manufactured is: $196,000 $190.000 $156.000. $150.000 Other information: Logan's income tax rate is 30%. Finished goods inventory: January 1, 2017 $160,000 December 31, 2017 140,000