Oriole Manufacturing produces industrial light fixtures. For the year, management estimated that total manufacturing overhead would be $1120000. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 144700 direct labor hours. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Cost of Goods Sold $124900 464200 432860 2341500 For the year, manufacturing overhead was overapplied by $347000. If Oriole prorates the overapplied overhead, what is the ending balance of Cost of Goods Sold? (Round intermediate calculations to 4 decimal places.) O $2090619 O $2592381 O $2805700 O $2774360