The following amounts were taken from the general ledger of the Excellent Manufacturing Company. Compute the cost of goods manufactured and the cost of goods sold for the company for the year. Assume that the raw materials inventory consists of direct materials only.

$\backslash$table$[[\backslash$table$[[$Raw materials inventory$],[-$ beg. of year$]],$$$52,000,\backslash$table$[[$Depreciation$],[-$ plant & equipment$]],$$$28,000$