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URGENT

The following data (in thousands of dollars) have been taken from the accounting records of Karling Corporation for the year just ended. Sales $990 Raw materials inventory, $40 beginning Raw materials inventory, ending $70 Purchases of raw materials $120 Direct labour $200 Manufacturing overhead $230 Administrative expenses $150 Selling expenses $140 Work-in-process inventory, $70 beginning Work-in-process inventory, $50 ending Finished goods inventory, $120 beginning Finished goods inventory, ending $160 What was the cost of goods sold (in thousands of dollars) for the year? $ 660 $ 700 $ 580 $ 500