Sheridan Company's accounting records reflect the following inventories: During 2020, $1080000 of raw materials were purchased, direct labor costs amounted to $684700, and manufacturing overhead incurred was $848000 If Sheridan Company's cost of goods manufactured for 2020 amounted to $2422700, its cost of goods sold for the year is $2532700. $2282700 $2462700. $2382700