Connecticut Manufacturing Began Business on January 1 Connecticut's Allocation of Overhead Costs Left a Debit Balance of of Operation,Connecticut

Connecticut Manufacturing began business on January 1.During its first year of operation,Connecticut worked on five industrial jobs and reported the following information at year-end: $$\begin{array} { | l | r | r | r | r | r | } \hline & \text { Job 1 } & \text { Job 2 } & \text { Job 3 } & \text { Job 4 } & \text { Job 5 } \\\hline \text { Direct Materials } & 2,300 & 7,900 & 4,000 & 3,500 & 1,500 \\\hline \text { Direct Labor } & 14,000 & 23,000 & 13,000 & 12,000 & 800 \\\hline \text { Allocated Mfg. Overhead } & 1,600 & 6,500 & 2,500 & 7,500 & 200 \\\hline & & & & & \text { Not } \\\text { Job completed: } & \text { Jun 30 } & \text { Sep 1 } & \text { Oct 15 } & \text { Nov 1 } & \text { completed } \\\hline \text { Job sold: } & \text { Jul 10 } & \text { Sep 12 } & \text { Not sold } & \text { Not sold } & \text { N/A } \\\hline \text { Revenues: } & 47,000 & 41,000 & \text { N/A } & \text { N/A } & \text { N/A } \\\hline\end{array}$$ Connecticut's allocation of overhead costs left a debit balance of $1,400 in the Manufacturing Overhead account,which was adjusted to zero at year-end.What was the final balance in Cost of Goods Sold for the year ended December 31?

A) $55,300
B) $56,700
C) $53,900
D) $17,900