Savallas Company is highly automated and uses computers to control manufacturing operations. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of computer-hours. The following estimates were used in preparing the predetermined overhead rate at the beginning of the year:

Computer-hours81,000Fixed manufacturing overhead cost$1,273,000Variable manufacturing overhead per computer-hour$4.00

During the year, a severe economic recession resulted in cutting back production and a buildup of inventory in the company's warehouse. The company's cost records revealed the following actual cost and operating data for the year:

Computer-hours50,000Manufacturing overhead cost$1,065,000Inventories at year-end:Raw materials$440,000Work in process$130,000Finished goods$1,050,000Cost of goods sold$2,730,000

3. Determine the cost of goods sold for the year after any adjustment for underapplied or overapplied overhead.(Round predetermined overhead rate to 2 decimal places.)