Tiny's Toys has the following financial information for the month of July available: Revenues $300,000 Beginning Materials Inventory 30,000 Ending Materials Inventory 20,000 Beginning Work-in-Process Inventory 15,000 Ending Work-in-Process Inventory 17,000 Beginning Finished Goods Inventory 14,000 Ending Finished Goods Inventory 13,000 Purchase of Materials 115,000 Direct Labor 27,000 Manufacturing Overhead 33,000 50,000 Selling and Administrative Expenses Based on the above, what is the cost of goods sold for July? $86,000 $136,000 $164,000 $184,000