Adams Manufacturing Company reported the following year-end information: beginning work in process inventory, $80,000; cost of goods manufactured, $780,000; beginning finished goods inventory, $70,000; ending work in process inventory, $34,000; and ending finished goods inventory, $50,000. How much is Adams's cost of goods sold for the year?

Select one:

A. $770,000B. $790,000C. $780,000D. $800,000E. None of the above