The following partially completed T-accounts are for Stanford Corporation: Raw Materials Bal 7,000 (2) 24,000 (1) 19,000 Work In Process Bal 11,000 (7) ? (2) 15,000 (4) 18,000 (6) 31,000 Finished Goods Bal 18,000 (7) 62,000 15,000 Manufacturing Overhead (2) 9,000 (6) 31,000 (3) 16,000 (4) 8,000 (5) 5,000 Accumulated Depreciation--Factory Bal 82,000 (3) 16,000 Sales Salaries Expense (4) 11,000 Accounts Payable Bal (1) 19,000 (5) 5,000 Salaries and Wages Payable Bal 7,000 (4) 37,000 The cost of goods sold (after adjustment for underapplied or overapplied manufacturing overhead) is: