Refer to the information for Jasper Company on the previous page.

Jasper Company provided the following information for last year:

Sales in units.................................280,000

Selling price.......................................$ 12

Direct materials..............................180,000

Direct labor...................................505,000

Manufacturing overhead...................110,000

Selling expense..............................437,000

Administrative expense.....................854,000

Last year, beginning and ending inventories of work in process and finished goods equaled zero.

Required:

Calculate the cost of goods sold for last year.