10 Points Benson Inc.'s accounting records reflect the following inventories: Dec 31, 2020 Dec 31, 2021 Raw materials inventory $80,000 $ 64,000 Work in process inventory 104,000 116,000 Finished goods inventory 100,000 92,000 During 2021, Benson purchased $1,450,000 of raw materials, incurred direct labor costs of $250,000, and incurred manufacturing overhead totaling $160,000, Assume Benson's cost of goods manufactured for 2021 amounted to 51,660,000. How much would a report as cost of goods sold for the year? A $1,652,000 $1.760,000 $1,668,000 $1,568,000