Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $129,100 Advertising expense $53,200 Depreciation on plant 64,600 Property taxes on plant 16,000 Property taxes on store 8,160 Delivery expense 24,300 Labor costs of assembly-line workers 111,300 Sales commissions 40,100 Factory supplies used 28,700 Salaries paid to sales clerks 57,100Work in process inventory was $14,000 at January 1 and $16,700 at December 31.Finished goods inventory was $61,800 at January 1 and $49,800 at December 31.Required:Compute cost of goods manufactured.