The following balances are from the accounts of Santa Maria Parts:

Direct materials purchased during the quarter amount to $$480,000,$ and the cost of goods sold for the quarter was $$1,740,000.$

Required:

Prepare a cost of goods sold statement.

Answer is complete but not entirely correct. $\backslash$table$[[$Beginning work$-$in$-$process inventory,,,$$69,600],[$Manufacturing costs:,,,$],[$Direct materials:,,,$],[$Beginning inventory $(,$$ $76,800,,],[$Purchases $>,480,000,,],[$Materials available,$$556,800,,],[$Less: Ending inventory $(,94,400,,],[$Direct materials used,,$ $462,400,],[$Other manufacturing costs,,$1,242,200\backslash$times $,],[$Total manufacturing costs,,,$1,704,600],[$Total costs of work$-$in$-$process,,,$ $1,774,200],[$Less: Ending work$-$in$-$process,,,$37,200],[$Cost of goods manufactured,,,$ $1,737,000],[$Beginning finished goods inventory,,,$78,000],[$Finished goods available for sale,,,$ $1,815,000],[$Less: Ending finished goods inventory,,,$72,000],[$Cost of goods sold,,,$ $1,743,000]]$