Question 1 2 pts Sampson Company had a Cost of Goods Sold of $730,000 and Cost of Goods Manufactured of $940,000 for the year ended December 31, 2016. If the January 1, 2016 balance in the Finished Goods Inventory account was $180,000, what was the December 31, 2016, balance in Finished Goods Inventory? $520,000 $1,120,000 $390,000 None of the above. $1,850,000