Bonita Industries uses the FIFO method for internal reporting purposes and LIFO for external reporting purposes. The balance in the LIFO Reserve account at the end of 2020 was $288000. The balance in the same account at the end of 2021 is $412000. Bonita's Cost of Goods Sold account has a balance of $2190000 from sales transactions recorded during the year. What amount should Bonita report as Cost of Goods Sold in the 2021 income statement?

$2602000.

$2066000.

$2190000.

$2314000.