Using the following account information, prepare a Cost of Goods Manufactured Statement for Brooklyn Company for the period Ended December 31, 2020:

Raw Materials Inventory, January 1 $ 20,000 Raw Materials Inventory, December 31 40,000 Work In Process, January 1 18,000 Work In Process, December 31 12,000 Direct Materials Used 1,680,000 Direct Labor 760,000 Factory Utilities 150,000 Indirect Labor 50,000 Factory Depreciation 400,000