Calculate the cost of goods sold using the following information:

Direct materials$ 299,800

Direct labor 133,300

Factory overhead costs 265,300

General and administrative expenses 86,800

Selling expenses 50,100

Goods in process inventory, January 1 119,800

Goods in process inventory, December 31 127,200

Finished goods inventory, January 1 233,400

Finished goods inventory, December 31 240,000

$777,800.

$691,000.

$698,400.

$684,400.

$705,800.