Rerun Manufacturing Company is in the process of preparing its 2016 budget and is anticipating the following changes: 25% increase in the number of units sold. 15% increase in the direct material unit cost. 10% increase in the direct labor cost per unit. 8% increase in the manufacturing overhead cost per unit. 12% increase in the selling price. 5% increase in the administrative expenses. Rerun does not keep any units in inventory. The composition of the cost of finished products during 2015 for materials, direct labor, and factory overhead, respectively, was in the ratio of 3:2:1. The condensed income statement for 2015 is as follows:

Sales (38,000 units)	$	532,000
Less sales returns		26,600
Net sales		505,400
Cost of Goods Sold		330,000
Gross Profit					$	175,400
Selling Expenses	$	68,000
Admin.Expenses		38,000				106,000
Net Income					$	69,400

What is the estimated cost of goods sold for 2016 assuming the number of units sold does not change?