Swain Company has the following information for January:
Cost of direct materials used in production...................$12,000
Direct labor...........................................................................31,000
Factory overhead.................................................................20,000
Work in process inventory, January 1................................50,000
Work in process inventory, January 31..............................53,000
Finished goods inventory, January 1..................................21,000
Finished goods inventory, January 31................................24,000
For January, determine 

(a) The cost of goods manufactured  

(b) The cost of goods sold.