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

Beginning work in process inventory	$	53,550
Beginning finished goods inventory	$	224,200
Direct materials used in production	$	365,000
Direct labor	$	484,500
Manufacturing overhead incurred	$	297,500
Ending work in process inventory	$	76,500
Ending finished goods inventory	$	108,000

What is the cost of goods manufactured for the year?