The following events took place at a manufacturing company for the current year: (1) Purchased $96,000 in direct materials. (2) Incurred labor costs as follows: (a) direct, $57,000 and (b) indirect, $14,600. (3) Incurred indirect materials and other indirect manufacturing costs totaling, $108,000, (does not include indirect labor cost) (4) Transferred 80% of the materials to the manufacturing assembly line. (5) Completed 65% of the Work-in-Process during the year. (Assume that manufacturing overhead costs applied was the same as manufactured costs incurred.) (6) Sold 85% of the completed goods. (7) There were no beginning inventories. What is the company's Cost of Goods Sold? $166,660. $141,661. $217,940. $256,400.