Parkette, Inc., acquired a 60 percent interest in Skybox Company several years ago. During 2017, Skybox sold inventory costing $142,000 to Parkette for $177,500. A total of 15 percent of this inventory was not sold to outsiders until 2018. During 2018, Skybox sold inventory costing $106,250 to Parkette for $125,000. A total of 28 percent of this inventory was not sold to outsiders until 2019. In 2018, Parkette reported cost of goods sold of $515,000 while Skybox reported $255,000. What is the consolidated cost of goods sold in 2018?