Samsung Company produced 16,480 smart TV monitor during 2023. Samsung had 270 smart TV monitors in finished goods inventory at the beginning of the year. At the end of the year, there were 1,260 smart TV monitors in finished goods inventory. The TV monitors sell for $150 each. Samsung's accounting records provide the following information for the financial year 2023: Purchases of direct materials $184,000 Direct materials inventory, January 1 $41,740 Direct materials inventory, December 31 $35,920 Direct labor $219,700 Indirect labor $86,780 Depreciation, factory building $120,840 Depreciation, factory equipment $69,210 Property taxes on factory $7,140 Utilities, factory $16,480 Insurance on factory $21,970 Research and development $13,180 Salary, sales sup