2 Compute cost of goods sold for 2017 using the following information. Finished goods inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2017 $354,000 87,000 74,700 932, 800 289,000 53Cost of goods manufactured, 2017 01:53:33 Finished goods inventory, Dec. 31, 2017 Cost of Goods Sold is Computed as: ork in process inventory, December 31, 2016 Cost of goods available for sale Finished goods inventory, December 31, 2016 Work in process inventory, December 31, 2016 Work in process inventory, December 31, 2017 0