Question 7 (1 point) Saved The cost of goods manufactured was $85,000 for 2020. Finished goods inventory had a beginning balance of $2,000 and an ending balance of $5,500. Beginning WIP was $4,000 and ending WIP was $5,000. How much is cost of goods sold for 2020? $87,500 $83,000 $81.500 $88,500