The following events took place at a manufacturing company for the current year:

1. (1) Purchased $97,000 in direct materials.
2. (2) Incurred labor costs as follows: (a) direct, $58,000 and (b) indirect, $15,600.
3. (3) Other manufacturing overhead was $109,000, excluding indirect labor.
4. (4) Transferred 75% of the materials to the manufacturing assembly line.
5. (5) Completed 60% of the Work-in-Process during the year.
6. (6) Sold 80% of the completed goods.
7. (7) There werenobeginning inventories.

What is the company's Cost of Goods Sold?