4) ABC Company manufactured 100,000 units in 2021 and reported the following costs:

Sandpaper $ 32,000 Leasing costs-plant $ 384,000

Materials handling 320,000 Depreciation-equipment 224,000

Coolants & lubricants 22,400 Property taxes-equipment 32,000

Indirect manufacturing labor 275,200 Fire insurance-equipment 16,000

Direct manufacturing labor 2,176,000 Direct material purchases 3,140,000

Direct materials, 1/1/18 348,000 Direct materials, 12/31/18 280,000

Finished goods, 1/1/18 672,000 Sales revenue 12,800,000

Finished goods, 12/31/18 1,280,000 Sales commissions 640,000

Work-in-process, 1/1/18 96,000 Sales salaries 576,000

Work-in-process, 12/31/18 64,000 Advertising costs 480,000

Administration costs 800,000

What is cost of goods sold for 2021? ________________