If the total manufacturing costs are $2000000, compute the cost of goods manufactured using the following information. (Assume that all raw materials used were direct materials.) Raw materials inventory, January 1 $15000 Raw materials inventory, December 31 35000 Work in process, January 1 18000. Work in process, December 31 12000 Finished goods, January 1 40000 Finished goods, December 31 32000 Raw materials purchases 1500000 Direct labor 660000 Factory utilities 150000 Indirect labor 50000 Factory depreciation 400000 Operating expenses 320000