The following data (in thousands of dollars) have been taken from the accounting records of Karlana Corporation for the just completed year. Sales Raw materials inventory, beginning. Raw materials inventory, ending Purchases of raw materials Direct labor. Manufacturing overhead. Administrative expenses... Selling expenses.... Work in process inventory, beginning.. Work in process inventory, ending. Finished goods inventory, beginning... Finished goods inventory, ending.. $910 S80 S20 $100 $130 $200 $160 $140 S40 $10 $130 $150 The cost of goods sold for the year (in thousands of dollars) was: O $670 $500 0 $540 O $650