Barger Company had the following information at December 31:

Finished goods inventory, January 1$90,000

Finished goods inventory, December 31126,000

If the cost of goods manufactured during the year amounted to $1,895,000 and annual sales were $2,994,000, how much is the amount of gross profit for the year?

Group of answer choices

$1,009,000

$1,859,000

$1,099,000

$1,135,000