X Company is a merchandiser. It incurred the following costs in 2019:

Equipment rental			$15,328
Merchandise purchases			86,863
Utility costs			21,962
Warehouse costs			38,050
Employee salaries			11,550
Advertising costs			16,129
Insurance costs			24,170
Supply costs			14,357
Miscellaneous operating costs			16,898

The Merchandise Inventory account had a January 1 balance of $39,670 and a December 31 balance of $10,277. What was Cost of Goods Sold in 2019?