Puri Corporation uses the first-in, first-out method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventory:
Units in beginning work in process inventory	400
Materials costs	$ 4,800
Conversion costs	$ 3,300
Percent complete with respect to materials	85%
Percent complete with respect to conversion	45%
Units started into production during the month	5,800
Units transferred to the next department during the month	5,100
Materials costs added during the month	$ 69,500
Conversion costs added during the month	$ 82,300
Ending work in process inventory:
Units in ending work in process inventory	1,100
Percent complete with respect to materials	55%
Percent complete with respect to conversion	45%

The total cost transferred from the first processing department to the next processing department during the month is closest to:

Multiple Choice

$174,549

$159,900

$151,800

$144,539