Oscar Company has provided the following information:

• Cash sales, $600,000
• Credit sales, $1,500,000
• Selling and administrative expenses, $480,000
• Sales returns and allowances, $105,000
• Gross profit, $1,510,000
• Accounts receivable, $70,000
• Bad debt expense, $48,000
• Sales discounts, $58,000
• Net income, $1,030,000

Assuming this is all the information available for the year, how much is Oscars cost of goods sold (COGS)?