Sleep Tight, Inc., manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and materials were $37,000, $35,000, and $27,000, respectively. The desired inventories on December 31 for finished goods, work in process, and materials were $41,000, $37,000, and $23,000, respectively. Direct materials purchases were $580,000, direct labor was $231,000 for the year, and factory overhead was $148,000. Prepare a cost of goods sold budget for Sleep Tight, Inc