Payton Corporation provided the following information for the year: Beginning Balance-Work-in-Process Inventory $26,000 Ending Balance - Work-in-Process Inventory Beginning Balance Direct Materials Ending Balance- Direct Materials Purchases Direct Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment24,000 Plant Utilities and Insurance 55,000 81,000 59,000 360,000 471,000 19,000 268,000 What was the amount of the cost of goods manufactured for the year? Select one a. $1,193,000 b.$1,164,000X C. $1,135,000 d. $1,363,000