A company compiled the following information for the current year. $($Assume that all raw materials used were direct materials.$)$

Raw materials inventory, January $1$ $ $30,000$

Raw materials inventory, December $3160,000$

Work in process inventory, January $127,000$

Work in process inventory, December $3118,000$

Finished goods inventory, January $160,000$

Finished goods inventory, December $3148,000$

Raw materials purchases $1,800,000$

Direct labor $890,000$

Factory utilities $225,000$

Indirect labor $75,000$

Factory depreciation $500,000$

Operating expenses $630,000$

Assuming that total manufacturing costs are $$3,400,000,$ what is the cost of goods manufactured for the period?