Davidson Company's manufacturing overhead account showed a $6,200 underallocated balance on December 31, 2009. Other accounts showed the following balances on December 31, 2009:
Materials inventory $50,000
Work in process inventory $30,000
Finished goods inventory $20,000
Cost of goods sold $100,000
Davidson adjusts costs of goods sold for the balance in manufacturing overhead. What is the balance in Cost of goods sold after closing out the balance in manufacturing overhead?