Grayson Inc. has provided the following data for the month of October. The balance in the Finished Goods inventory account at the beginning of the month was $68,000 and at the end of the month was $64,000. The cost of goods manufactured for the month was $245,000. The actual manufacturing overhead cost incurred was $93,000 and the manufacturing overhead cost applied to Work-in-Process was $89,000. The adjusted cost of goods sold that would appear on the income statement for October is:

$249,000.

$245,000.

$241,000.

$253,000.