helby Cabinets, Inc. produces custom cabinets. The following inventory balances appeared on its balance sheet.

	12/31/2012	12/31/2011
Raw materials inventory	$ 8,000	$ 10,000
Work-in-process inventory	600,000	550,000
Finished goods inventory	350,000	410,000

Shelby Cabinets had $1,265,000 in sales for the year ended December 31, 2012. The company also had the following costs for the year:

Selling	$ 90,000
General and administrative	$240,000
Raw materials purchases	$100,000
Direct labor used in production	$125,000
Manufacturing overhead	$630,000

Of the total raw materials placed in production for the year, $12,000 was for indirect materials and must be deducted to find direct materials placed in production.

Using the above information, what was Shelbys Cost of Goods Manufactured?

(Hint: You must first calculate Direct materials placed in production before calculating the Cost of Goods Manufactured.)