The following beginning and ending inventory balances apply to XYZ's 2009 accounting period:
- Numbers are shown as Beginning, Ending
- Raw Materials Inventory $24,000, $22,000
- Work in Process Inventory $32,000, $33,000
- Finished Goods Inventory $20,000, $17,000
During 2009, the company purchased $234,000 of direct raw materials. It incurred $180,000 of direct labor costs for the year and allocated $260,000 of manufacturing overhead costs to work in process. There was no overapplied or underapplied overhead. Revenue from goods sold during the year was $800,000.The amount of cost of goods manufactured was what?