Barger Company Had the Following Information at December 31 $\begin{array}{lr}\text { Finished goods inventory, January } 1 & \$ 90,000 \\\text { Finished goods inventory, December 31 } & 126,000\end{array}$

Barger Company had the following information at December 31: $\begin{array}{lr}\text { Finished goods inventory, January } 1 & \$ 90,000 \\\text { Finished goods inventory, December 31 } & 126,000\end{array}$ If the cost of goods manufactured during the year amounted to $1,995,000 and annual sales were $2,994,000, how much is the amount of gross profit for the year?

A) $999,000
B) $909,000
C) $1,959,000
D) $1,035,000