The Juarez Corporation incurred the following transactions during its first year of operations. (Assume all transactions involve cash). 7) 1. Acquired $1,000 of capital from the owners. 2. Purchased $400 of direct raw materials. 3. Used $300 of these direct raw materials in the production process. 4. Paid production workers $400 cash. 5. Paid $200 for manufacturing overhead. 6. Started and completed 200 units of inventory. 7.Sold 50 units at a price of $6 each. 8. Paid $40 for selling and administrative expenses. The amount of cost of goods manufactured would be: A) $900. B) $1,000. C) $600. D) $800.