Kiwi Corporation uses a job costing system. During the current year, the balance in Kiwi's finished goods inventory increased $1,129,000, the balance in Kiwi's work in process inventory decreased $446,000, and Kiwi's manufacturing costs incurred were $3,020,000. What are Kiwi's cost of goods manufactured (COGM) and cost of goods sold (COGS)? O COGM equals $2,574,000 and COGS equals $1,445,000 COGM equals $3,466,000 and COGS equals $2,337,000 COGM equals $3,703,000 and COGS equals $3,257,000 COGM equals $2,574,000 and COGS equals $3,703,000 of the above