Industries is calculating its Cost of Goods Manufactured at​ year-end. Lawrence's accounting records show the​ following: The Raw Materials Inventory account had a beginning balance of $ 14 comma 000 and an ending balance of $ 17 comma 000. During the​ year, the company purchased $ 61 comma 000 of direct materials. Direct labor for the year totaled $ 134 comma 000​, while manufacturing overhead amounted to $ 155 comma 000. The Work in Process Inventory account had a beginning balance of $ 21 comma 000 and an ending balance of $ 18 comma 000. Assume that Raw Materials Inventory contains only direct materials. Compute the Cost of Goods Manufactured for the year. ​(Hint​: The first step is to calculate the direct materials used during the​ year.)