Payton Corporation provided the following information for the year: Beginning Balance-Work-in-Process Inventory 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 Equipment Plant Utilities and Insurance $24,000 56,000 86,000 59,000 358,000 471,000 19,000 24,000 272,000 What was the amount of the cost of goods manufactured for the year?