Helmer Sporting Goods Company manufactured 100,000 units in 20X8 and reported the following costs:

Sandpaper	$32,000	Leasing costs plant	$388,000
Materials handling	320,000	Depreciation equipment	224,000
Advertising costs	480,000	Sales commissions	640,000
Coolants & Lubricants	22,400	Property taxes-equipment	32,000
Indirect manufacturing labor	275,200	Fire insurance-equipment	16,000
Direct manufacturing labor	2,176,000	Direct material purchases	3,136,000
Direct materials, 1/1/X8	380,000	Direct materials, 12/31/X8	275,200
Finished goods, 1/1/X8	672,000	Sales Revenue	12,800,000
Finished goods, 12/31/X8	1,280,000	Work-in-process, 1/1/X8	96,000
Sales salaries	576,000	Administration costs	800,000
Work-in-process, 12/31/X8	64,000

1.What is cost of goods sold for 20X8?