Sunland Company's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory Dec 31, 2019 $ 80000 104000 100000 Dec. 31, 2020 $ 64000 116000 92000 During 2020, Sunland purchased $1510000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling $160000. Assume Sunland's cost of goods manufactured for 2020 amounted to $1924000. How much would it report as cost of goods sold for the year? $1916000 $1832000 $2024000 O $1932000