Vaughn Manufacturing produces industrial light fixtures. For the year, management estimated that total manufacturing overhead would be $1113000. Management decided to use direct labor hours to apply manufacturing overhead and budgeted 144700 direct labor hours. The following information was compiled before an adjustment had been made to close Manufacturing Overhead Control:

Raw Materials Inventory	$124300
Work in Process Inventory	464110
Finished Goods Inventory	432750
Cost of Goods Sold	2342000

For the year, manufacturing overhead was underapplied by $336000. If Vaughn prorates the underapplied overhead, what is the ending balance of Cost of Goods Sold? (Round intermediate calculations to 4 decimal places.)

$2806110

$2584962

$2774750

$2099038