Assume that a company provided the following income statement: Sales $ 524,000 Cost of goods sold 250,000 Gross margin 274,000 Selling and administrative expenses: Selling expenses $ 140,000 Administrative expense 63,000 203,000 Net operating income $ 71,000 If the income statement above has been adjusted to reflect overapplied overhead of $10,000 and we assume that the company maintains no beginning or ending inventories, then what is its cost of goods manufactured