XYZ Corporation has provided the following information for the month of May 2024: The beginning balance of the Raw Materials Inventory account was $20,000. During the month, raw materials purchased amounted to $50,000. Direct labor costs incurred were $30,000, and manufacturing overhead costs incurred were $25,000. Ending balance of Raw Materials Inventory was $15,000. Calculate the Cost of Goods Manufactured and the Cost of Goods Sold for the month.