A company had beginning inventories as follows: Direct Materials, $350: Work-in-process, $550 Finished Goods. $750. It had ending inventories as follows: Direct Materials, $450: Work-in-process. $650: Finished Goods, $850. Material Purchases, net were $1,600. Direct Labor $1700, and Manufacturing Overhead $1.800. What is the Cost of Goods Sold for the period? Multiple Choice