Assuming That the Cost of Goods Manufactured Is $3,460,000 Compute

Assuming that the cost of goods manufactured is $3,460,000 compute the cost of goods sold using the following information. $\begin{array}{lr}\text { Raw materials inventory, January 1 } & 30,000 \\\text { Raw materials inventory, December 31 } & 60,000 \\\text { Work in process, January 1 } & 27,000 \\\text { Work in process, December } 31 & 18,000 \\\text { Finished goods, January 1 } & 60,000 \\\text { Finished goods, December } 31 & 48,000 \\\text { Raw materials purchases } & 1,800,000\\\text { Direct labor } & 890,000 \\\text { Factory utilities } & 225,000 \\\text { Indirect labor } & 75,000 \\\text { Factory depreciation } & 500,000 \\\text { Operating expenses } & 630,000\end{array}$

A) $3,469,000.
B) $3,412,000.
C) $3,448,000.
D) $3,472,000.