[I he following intormation applies to the questions displayed below.] The following selected information was extracted from the 201 accounting records of Lone Oak Products: -Seventy-five percent of the company's building was devoted to production activities; the remaining 25 percent was used for selling and administrative functions. Inventory data: -The January 1 and December 31 finished-goods inventory consisted of 1,350 units and 1,190 units, respectively. 3. Compute the company's cost of goods sold. Answer is complete but not entirely correct