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Freeman Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of theyear,

Freeman Foundry uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of theyear, the company expected to incur thefollowing:

manufacturing overhead cost. . . . . . . .$650,000

Direct labour cost. . . . . . . . . . . . . . . . . .1,500,000

Machine hours. . . . . . . . . . . . . . . . . . . .81,250

At the end of theyear, the company had actually incurred thefollowing:

Direct labour cost. . . . . . . . . . . . . . . . . . . . . . . . . $1,210,000

Depreciation on manufacturing equipment. . . . . 500,000

Property taxes on plant. . . . . . . . . . . . . . . . . . 20,000

Sales salaries. . . . . . . . . . . . . . . . . . . . . . . . . . . 25,000

Delivery drivers' wages. . . . . . . . . . . . . . . . . . .15,000

Plant janitors' wages. . . . . . . . . . . . . . . . . . . . . 10,000

Machine hours. . . . . . . . . . . . . . . . . . . . . . . . . . 65,000 hours

the accountant found an error in the expense records from the year reported. Depreciation on manufacturing plant and equipment was actually $400,000, not the $500,000 as originally reported. The unadjusted cost of goods sold balance at year-end was $600,000. What is the adjusted ending balance of cost of goodssold?

NOTE: DO NOT ENTER ANY COMMAS OR DECIMAL POINTS.

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