The following selected information was extracted from the 20x1 accounting records of Lone Oak Products:

Raw material purchases$ 175,000Direct labor254,000Indirect labor109,000Selling and administrative salaries133,000Building depreciation*Footnote asterisk80,000Other selling and administrative expenses195,000Other factory costs344,000Sales revenue ($130 per unit)1,495,000

*Seventy-five percent of the company's building was devoted to production activities; the remaining 25 percent was used for selling and administrative functions.

Inventory data:

ItemsJanuary 1December 31Raw material$ 15,800$ 18,200Work in process35,70062,100Finished goods*Footnote asterisk111,10097,900

*The January 1 and December 31 finished goods inventory consisted of 1,350 units and 1,190 units, respectively.

2. Calculate Lone Oaks cost of goods manufactured.

*Please show work