Danville Co. provided the following information for the year ended December 31, 20Y1:

Work-in-process inventory - beginning balance	$620,000
Work-in-process inventory - ending balance	$570,000
Direct material placed in production	$78,000
Selling expenses	$85,000
General and administrative expenses	$245,000
Direct labor used in production	$130,000
Manufacturing overhead	$590,000

Compute the costs of goods manufactured during the year ended December 31, 20Y1.

Group of answer choices

$1,128,000

$1,418,000

$848,000

$748,000