Scoria produces a product for which all direct materials are added at the beginning of the production process. The following is a review of Scorias cost and inventory records for the recent year: Units Materials Conversion WIP Jan 1st (80% complete with respect to Conversion costs) 125,000 $145,000 $182,500 Units started into production 600,000 Cost added during the year: Materials $580,000 Conversion $1,043,000 Units Completed during the year 525,000 In its process costing system, Scoria is using the weighted-average cost method. Ending inventory for the year is 60% complete with respect to conversion costs. What amount of cost was transferred to finish goods inventory?