1. Frisco Company's accounting records reflect the following inventories:

Dec. 31, 2019Dec. 31, 2018

Raw materialsinventory$310,000$260,000

Work in processinventory300,000160,000

Finished goodsinventory790,000250,000

During 2019, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000.

If Frisco's cost of goods manufactured for 2019 amounted to $1,890,000, its cost of goods sold for the year is

a.$1,350,000.

b.$790,000.

c.$2,290,000.

d.$1,990,000.