he accounting records of Porter Company revealed the following information:

Raw materials inventory, 1/1 $60,000

Raw materials inventory, 12/31 20,000

Purchases of raw material 190,000

Sales revenue 1,080,000

Work-in-process inventory, 1/1 86,000

Work-in-process inventory, 12/31 50,000

Selling and administrative expenses 130,000

Income tax expense 50,000

Direct labor 125,000

Manufacturing overhead 360,000

Finished-goods inventory, 1/1 179,000

Finished-goods inventory, 12/31 150,000

On the basis of this information, compute 1) cost of materials used during the year, 2) cost of goods manufactured (CGM), and 3) cost of goods sold (CGS).