Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for last year:

Cost of clay used in production	$ 74,000
Wages paid to the workers who paint the figurines	$ 98,000
Wages paid to the sales manager's secretary	$ 30,000
Cost of junk mail advertising	$ 47,000

What is the total of the product costs above?

Multiple Choice

• $0

• $77,000

• $172,000

• $175,000