King sold goods with a total selling price of $924,700 during the year. It purchased goods for $497,200 and had beginning inventory of $136,100. A count of its ending inventory determined that goods on hand was $103,000. What was its cost of goods sold?

King sold goods with a total selling price of $924,700 during the year. It purchased goods for $497,200 and had beginning inventory of $136,100. A count of its ending inventory determined that goods on hand was $103,000. What was its cost of goods sold