Almond Group reported the following year-end information: Beginning work in process inventory $200,000 Beginning raw materials inventory 500,000 Ending work in process inventory 800,000 Ending raw materials inventory 500,000 Raw materials purchased 700,000 Direct labor 900,000 Manufacturing overhead 600,000 Almond's cost of goods manufactured for the year is $2,900,000. $2,800,000 $4,200,000. $1,600,000