Carly Manufacturing Company's accounting records reflect the following inventories:
Dec. 31, 2010 Dec. 31, 2009
Raw materials inventory $310,000 $260,000
Work in process inventory 300,000 160,000
Finished goods inventory 190,000 150,000
During 2010, $500,000 of raw materials were purchased, direct labor costs amounted to $600,000, and manufacturing overhead incurred was $480,000. If Carly Manufacturing Company's cost of goods manufactured for 2010 amounted to $1,390,000, its cost of goods sold for the year is
A) $1,500,000.
B) $1,250,000.
C) $1,350,000.
D) $1,430,000.