The following information has been taken from the perpetual inventory system of Imperial Manufacturing Company for the month ended September 30: Purchases of direct materials Direct materials used Direct labor costs assigned to production Manufacturing overhead costs incurred $ 88,000 $ 68,000 $ 27,000 $ 48,000 Balances in inventory Materials Work in Process Finished Goods September 30 September 1 $ ? $ 61,000 $ 38,000 $ 53,000 $ 65,000 $ 70,000 The cost of goods sold in September is: Multiple Choice ACA The cost of goods sold in September is: Multiple Choice $164,000 O $148,000. $163,000 Some other amount