A company compiled the following information for the current year. (Assume that all raw materials used were direct materials.) Raw materials inventory, January 1 $ 40000 Raw materials inventory, December 31 45000 Work in process, January 1 27000 Work in process, December 31 18000 Finished goods, January 1 60000 Finished goods, December 31 48000 Raw materials purchases 1700000 Direct labor 1090000 Factory utilities 225000 Indirect labor 75000 Factory depreciation 500000 30000 Operating expenses Assuming that total manutacturing costs are $4400000, what is the cost of goods manufactured for the period? O S4409000. O $4391000 O S4167000. O$4396000.