Assuming that the cost of goods manufactured is $2,760,000 compute the cost of goods sold using the following information. Raw materials inventory, $ 30,000 January 1 Raw materials inventory, 60,000 December 31 Work in process, January 1 27,000 Work in process, December 18,000 31 Finished goods, January 1 60,000 Finished goods, December 31 48,000 Raw materials purchases 1,300,000 Direct labor 690,000 Factory utilities 225,000 Indirect labor 75,000 Factory depreciation 500,000 Operating expenses 630,000 A. $2,769,000. B. $2,712,000. C. $2,748,000. D. $2,772,000