Sheffield Corporation incurred the following costs while manufacturing its product.

Materials used in product		$123,100		Advertising expense		$48,000
Depreciation on plant		62,700		Property taxes on plant		23,400
Property taxes on store		7,790		Delivery expense		31,200
Labor costs of assembly-line workers		116,000		Sales commissions		36,500
Factory supplies used		25,000		Salaries paid to sales clerks		53,500

Work in process inventory was $13,000 at January 1 and $17,500 at December 31. Finished goods inventory was $63,600 at January 1 and $46,100 at December 31.

Compute cost of goods manufactured.

Cost of goods manufactured

$

Compute cost of goods sold.

Cost of goods sold

$