Eden Ltd manufactures different types of scented candles in its factory. The cost data for the most recent year is provided below: Items $ Raw material inventory, Jan 1 40,000 Raw material inventory, Dec 31 70,000 Work in process inventory, Jan 1 120,000 Work in process inventory, Dec 31 110,000 Finished goods inventory, Jan 1 230,000 Finished goods inventory, Dec 31 130,000 Direct labor 70,000 Insurance factory 33,000 Utilities factory 22,000 Advertising cost 10,000 Depreciation (60% factory and 40% office) 20,000 Indirect materials 26000 Indirect labor 19000 Freight out 7000 Purchase of raw materials 300,000 Required: Calculate the Cost of Goods Sold from the information provided in the table. [Marks: 10)