The following information was provided by Dylan Manufacturing:

Work in process increased by $19,000.

Finished goods inventory decreased by $33,000.

Direct materials used totaled $54,000.

Direct labor incurred totaled $42,000.

The predetermined manufacturing overhead rate was $27.00 per machine hour.

Actual manufacturing overhead totaled $77,000.

The estimated machine-hours were 3,000 hours and the actual machine-hours was 2,800 hours.

How much is the cost of goods sold before any adjustment for overapplied or underapplied overhead?

$121,000

$184,200

$185,600

$118,200