If the total manufacturing costs are $3000000, 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 ocess, December 31 12000 Finished goods, January 11 40000 Finished goods, December 31 32000 Raw materials purchases 1700000 Direct labor 660000 Factory utilities 150000 Indirect labor 50000 Factory depreciation 400000 Operating expenses 320000