Connecticut Manufacturing began business on January 1. During its first year of operation. Connecticut worked on five industrial jobs and reported the following information at year-end: Direct Materials Direct Labor Allocated Mfg. Overhead Job completed: Job sold: Revenues: Job 1 $2,900 Job 2 $9,400 $22,400 Job 3 $4,000 $13,000 $2,500 Job 4 $3.500 Job 5 $1,500 $13,000 $12.000 $800 $1,800 Jun 30 Jul 10 $44,000 $6,200 Sep 1 Sep 12 $48.000 $7,500 $200 Oct 15 Not sold N/A Nov 1 Not sold Not completed N/A N/A N/A A. $54,100 B. $55,700 C. $17,700 D. $57,300 O O Connecticut's allocation of overhead costs left a debit balance of $1,600 in the Manufacturing Overhead account, which was adjusted to zero at year-end. What was the final balance in Cost of Goods Sold for the year ended December 31