The manufacturing operations of Sheridan, Inc. had the following balances at the beginning and end of January: Inventories January 1 January 31 Raw materials $ 13,680 $ 14,820 Work in process 23,940 26,220 Finished goods 15,960 18,240 Sheridan transferred $ 330,600 of completed goods out of Work in Process Inventory during January. Compute the cost of goods sold for the month. Cost of goods sold $ $