Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information is available for Aricanly Manufacturing Company for the month ending January 31: Cost of goods manufactured $230,780 Selling expenses 77,090 Administrative expenses 40,750 Sales 491,020 Finished goods inventory, January 1 55,490 Finished goods Inventory, January 31 50,580 a. For the month ended January 31, determine Aricanly's cost of goods sold. Aricanly Manufacturing Company Cost of Goods Sold January 31