Advertising expense

$19,200

Depreciation - factory equipment

$28,350

Depreciation - office equipment

$6,750

Depreciation - sales equipment

$7,100

Direct labour cost (factory)

$543,200

Factory supervision

$97,200

Factory supplies used

$12,900

Factory utilities

$27,000

Finished goods inventory, beginning

$120,800

Finished goods inventory, ending

$113,400

Income tax expense

$110,400

Indirect labour (factory)

$47,250

Maintenance, factory equipment

$22,000

Miscellaneous production costs

$7,600

Office salaries expense

$6,700

Raw materials, beginning

$122,750

Raw materials, ending

$136,350

Purchases of raw materials

$701,000

Rent expense, administration and sales office

$38,100

Rent on factory building

$64,800

Sales

$2,431,350

Sales Salaries

$236,250

Work-in-process inventory, beginning

$8,200

Work-in-process inventory, ending

$11,250

b.) Determine the cost of goods sold for the year.