During the year, a manufacturing company had the following operating results:

Beginning work-in-process inventory$ 46,000

Beginning finished goods inventory$ 192,000

Direct materials used in production$ 312,000

Direct labor$ 485,000

Manufacturing overhead incurred$ 254,000

Ending work-in-process inventory$ 69,000

Ending finished goods inventory$ 90,000

What is the cost of goods manufactured for the year?