Question 2 5 pts Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $130,000 Advertising expense $46,100 Depreciation on plant 64,500 Property taxes on plant 20,000 Property taxes on store 7,600 Delivery expense 26,800 Labor costs of assembly-line workers 120,900 Sales commissions 39,300 Factory supplies used 32,600 Salaries paid to sales clerks 54,900 Work in process inventory was $14,000 at January 1 and $16,700 at December 31. Finished goods inventory was $61.800 at January 1 and $49.800 at December 31. Compute cost of goods sold