Lolita Manufacturing Inc.'s accounting records reflect the following inventories:

		Dec. 31, 2019	Dec. 31, 2020
	Raw materials inventory	$99300	$79400
	Work in process inventory	129900	145500
	Finished goods inventory	124200	115800

During 2020, Lolita purchased $949200 of raw materials, incurred direct labour costs of $124800, and incurred manufacturing overhead totalling $160000. Lolita Manufacturings cost of goods manufactured for 2020 amounted to $1238300. How much would it report as cost of goods sold for the year?

$1246700

$1286300

$1363100

$1229900