The Pacific Company manufactures a single product. The following data relate to the year just completed: Variable costs per unit: Production $43 Selling and administrative $15 Fixed costs in total: Production $145,000 Selling and administrative $95,000 During the year, 5,000 units were produced and 4,800 units were sold. There were no beginning inventories. Under absorption costing, what was the cost of goods sold for the year?