Rocha & Noel Inc. had cost of goods sold of $123,200 for the current year ended December 31. The finished goods inventory on January 1 was $30,800, and the finished goods inventory on December 31 was $18,700. What was the amount of cost of goods manufactured for the year? Group of answer choices $129,000 $111,100 $67,000 $113,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Rocha & Noel Inc. had cost of goods sold of $123,200 for the current year ended December 31. The finished goods inventory on January 1 was $30,800, and the finished goods inventory on December 31 was $18,700. What was the amount of cost of goods manufactured for the year?
Group of answer choices
$129,000
$111,100
$67,000
$113,000
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