James Surfboard Manufacturing Ltd has beginning and ending work in process inventory of \($3500\) and \($7800\) respectively for the year. Direct materials used amounts to \($55\) 000, direct labour incurred is \($80\) 000 and manufacturing overheads total \($46\) 000. The cost of goods manufactured is:

(a) \($176\) 700.

(b) \($181\) 000.

(c) \($184\) 500.

(d) \($162\) 800.