Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $128,000 Advertising expense $53, 500 Depreciation on plant 68,000 Property taxes on plant 17, 200 Property taxes on store 8, 180 Delivery expense 23, 900 Labor costs of assembly-line workers 111, 900 Sales commissions 40, 300 Factory supplies used 24, 800 Salaries paid to sales clerks 52, 300 Work in process inventory was $13, 500 at January 1 and $16, 800 at December 31. Finished goods inventory was $62, 500 at January 1 and $47, 700 at December 31. Compute cost of goods manufactured. Cost of goods manufactured $ Compute cost of goods sold. Cost of goods sold $