Cerrone Inc. has provided the following data for the month of July. The balance in the Finished Goods inventory account at the beginning of the month was $51,800 and at the end of the month was $44,700. The cost of goods manufactured for the month was $246,000. The actual manufacturing overhead cost incurred was $127,400 and the manufacturing overhead cost applied to Work in Process was $121,000. The adjusted cost of goods sold that would appear on the income statement for July is: