XYZ Company recorded the following information related to their inventory accounts for January: 

 January 1 January 31 Direct materials 30,000 36,000 Work in process 18,000 12,000 Finished goods 54,000 72,000 

XYZ Company's accounting records indicated the following costs had been incurred during January: 

Advertising ............................................. $37,000 Depreciation, factory building .......................... 40,000 Rent (70% for factory; 30% for office building) ......... 45,000 Direct labor ............................................ 60,000 Direct materials purchased .............................. 84,000 Indirect materials ...................................... 22,000 Sales commissions ....................................... 35,000 Production supervisor's salary .......................... 50,000 Selling & administrative salaries ....................... 61,000 Utilities, factory building ............................. 14,000 

Calculate XYZ Company's prime costs for January. Do not use decimals in your answer.