X Company reported the following 2021 inventory balances: Direct Materials Work in Process Finished Goods January 1, 2021 December 31, 2021 $16,874 $17,688 $16,318 $20,246 $15,860 $15,860 The following 2021 information was also available: Sales were $395,250. Direct materials costing $68,212 were purchased. Direct labor was $25,922. . Overhead was $42,358. . Selling and administrative costs were $36,218. What was Cost of Goods Sold in 2021? A: $60,093 B: $70,308 OC: $82,261 OD: $96,245 OE: $112,607 OF: $131,750 Submit