Multiple Choice Question 104 Dolan Company's accounting records reflect the following inventories Dec. 31.2012 $310000 300000 190000 Raw materials inventory Work in process inventory Finished goods inventory Dec. 31. 2016 $260000 160000 150000 During 2017, $800000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. If Dolan Company's cost of goods manufactured for 2017 amounted to $1920000, its cost of goods sold for the year is s1780000. $1880000. O $2030000. $1960000