Piper Company has the following information for January:

Cost of direct materials used in production	$	44,000
Direct labor		58,000
Factory overhead		29,000
Work in process inventory, January 1		29,000
Work in process inventory, January 31		30,000
Finished goods inventory, January 1		29,000
Finished goods inventory, January 31		20,000

For January, determine the following:

a. Cost of goods manufactured?
b. Cost of goods sold?