Accounting question

Current Attempt in Progress Waterway Company had the following information at December 31: Finished goods inventory, January 1 $90000 Finished goods inventory, December 31 120000 If the cost of goods manufactured during the year totaled $1860000 and annual sales were $2984000, what was the amount of gross profit for the year? O $1124000 O $1034000 O $1830000 O $1154000 eTextbook and Media Save for Later Attempts: 0 of 2 used Submit