The following information was taken from the accounting books of Cody Cos.

Decrease in raw materials inventoryP15,000

Increase in Finished Goods Inventory35,000

Raw Materials Purchased430,000

Direct Labor Payroll200,000

Factory Overhead300,000

Freight out45,000

Indirect materials used2,500

Purchase Discount1,250

Purchase Return2,250

Sales Return at cost5,000

Excess materials issued return from factory1,000

How much was the cost of goods sold if there was no WIP at the beginning or at the end?