Sheridan Company reported the following year-end information:

Beginning work in process inventory	$ 47000
Beginning raw materials inventory	31000
Ending work in process inventory	48000
Ending raw materials inventory	26000
Raw materials purchased	790000
Direct labor	440000
Manufacturing overhead	100000

How much is Sheridans cost of goods manufactured for the year?

$1336000

$795000

$1335000

$1334000