Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. Factory overhead cost was applied at 125% of direct labor cost. Selected data concerning the past year's operation of the company are presented below.

January 1December 31Direct materials$84,000$47,000Work in process73,00049,000Finished goods122,000107,000Other informationDirect materials purchases$331,000Cost of goods available for sale964,000Actual factory overhead costs267,000

The cost of goods sold (before adjustment for under or overapplied overhead) is: