Charleston Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufactured, $866,000; beginning finished goods inventory, $252,000; ending work in process inventory, $220,000; and ending finished goods inventory, $264,000. Charleston's cost of goods sold for the year is 01) $854,000. 02) $878,000. 03) $826,000. 04) $602,000