2. The following data (in thousands of dollars) have been taken from the accounting records of Davis Corporation for the just completed year + S 600 Administrative expenses Direct labor 800 Finished goods inventory, beginning Finished goods inventory, ending Manufacturing overhead Purchases of raw materials- Raw materials inventory, beginning Raw materials inventory, ending 480 640 920 480 160 280 3,960 560 Sales Selling expenses Work in process inventory, beginning Work in process inventory, ending 280 200 4 What was the cost of goods manufactured (finished) for the year (in thousands of dollars)