ABC Company manufactures sunscreen lotion. The Mixing Department, the first process department, mixes the chemicals required for the lotion. The following data are for the current year:

Work in process, January 1	$0
Gallons started	900,000
Gallons transferred out	756,000
Direct materials cost	$900,000
Direct labor cost	$2,000,000
Overhead applied	$1,571,200

Direct materials are added at the beginning of the process. Ending inventory is 95 percent complete with respect to direct labor and overhead. The cost of goods transferred out for the year is:

$3,024,000 $3,780,000 $4,471,200 $3,571,200