Benson Inc.'s accounting records reflect the following inventories:

	Dec. 31, 2021		Dec. 31, 2022
Raw materials inventory	$ 80000		$64000
Work in process inventory	104000		116000
Finished goods inventory	100000		92000

During 2022, Benson purchased $1450000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling $160000. Assume Benson's cost of goods manufactured for 2022 amounted to $1660000. How much would it report as cost of goods sold for the year?