The balance sheet dated December 31, 2003, has a balance in the Finished Goods Inventory account of 26,200. The December 31, 2004, balance sheet has a balance in the Finished Goods Inventory account of 24,000. Work in Process Inventory account has a beginning balance of 20,000 and an ending balance of 30,000. If the cost of goods manufactured is 340,000, how much is cost of goods sold?