Required Information The following data (in thousands of dollars) have been taken from the accounting records of Karlist Corporation for the just completed year. bales kaw materials inventory, beginning Raw materials inventory, ending Purchases of raw materials Direct labour Manufacturing overhead Administrative expenses Selling expenses Work-in-process inventory, beginning Work-in-process inventory, ending Finished goods inventory beginning Finished goods inventory, ending $800 $60 $ 70 $180 $100 $190 $110 $150 $70 $80 $120 $160 at was the cost of goods sold in thousands of dollars) for the year? Multiple Choice $610 $410. $490. $570