Lopez Corporation incurred the following costs while manufacturing its product.

Materials used in product	$115,270	Advertising expense	$43,600
Depreciation on plant	57,090	Property taxes on plant	17,960
Property taxes on store	7,090	Delivery expense	21,470
Labor costs of assembly-line workers	114,860	Sales commissions	39,260
Factory supplies used	22,150	Salaries paid to sales clerks	54,310

Work in process inventory was $10,040at January 1 and $12,700at December 31. Finished goods inventory was $61,130at January 1 and $53,740at December 31.

Compute the cost of goods manufactured:

Compute the cost of goods sold: