The following data apply to Brewers Ltd:

Work in process inventory, beginning of the year	$18,000
Manufacturing overhead applied during the year	$40,000
Work in process inventory, end of the year	$28,000
Finished goods inventory, beginning of the year	$15,000
Finished goods inventory, end of the year	$10,000
Cost of goods sold during the year	$150,000

Calculate the cost of goods manufactured during the year.