The following accounts relate to a company's manufacturing process: Account information Cost of goods available for sale Dollar Value ($) Cost of goods sold $450,000 $300,000 Direct labor costs $ 55,000 $110,000 Direct materials used $ 45,000 $ 22,000 Finished goods - January 1 Work in process - January 1 Work in process - December 31 $ 16,000 Given the above information, calculate cost of goods manufactured. Note: Enter your answer with a dollar symbol and with a comma separator ($100,000)