The following information was taken from the accounting records of Jackson Manufacturing Company:

Direct materials purchased $95,000

Direct materials used 76,000

Direct manufacturing labor costs 10,000

Indirect manufacturing labor costs 22,000

Sales salaries 35,000

Miscellaneous factory expenses 5,000

Administrative expenses 40,000

Finished goods inventory, beginning 10,000

Finished goods inventory, end 12,000

Work in process inventory,beginning 0

Work in process inventory, end 0

What is Cost of Goods Manufactured?

A) $111,000

B) $113,000

C) $130,000

D) $132,000

Please show working process