The Stewart Company Had Computed the Flow of Units for Department

The Stewart Company had computed the flow of units for Department 123 for the month of July as follows: $\begin{array}{ll}\text { Work in process, July } 1 \text { : } & 10,000 \\\text { Started into production during July } & \underline{39,000} \\\text { Units to be accounted for } & \underline{49,000}\end{array}$ $\begin{array}{lrr}&\text { Beginning }&\text { Added during the }\\&\text { work in process }&\text { current month }\\\text { Materials } & \$ 20,800 & \$ 97,500 \\\text { Labour } & 5,200 & 34,920 \\\text { Factory overhead } & 4,800 & 32,980 \\\text { Total } & \$ 30,800 & \$ 165,400\end{array}$ Materials are added at the beginning of the process.There were 8,000 units of work in process at July 31.The work in process at July 1 was 70% complete as to direct labour and factory overhead costs,and the work in process at July 31 was 60% complete as to direct labour and factory overhead costs.What was the cost of the goods transferred out and in ending work in process using the FIFO method?