The manufacturing operations of Cullumber, Inc. had the following inventory balances for the month of January: January 1 January 31 Raw Materials $10,080 $10,920 Work in Process 17,640 19,320 Finished Goods 11,760 10,080 Cullumber transferred $226,800 of completed goods out of Work in Process Inventory during January. Compute the cost of goods sold for January. Cost of goods sold $