Vaughn Manufacturing uses the FIFO method for internal reporting purposes and LIFO for external reporting purposes. The balance in the LIFO Reserve account at the end of 2020 was $279000. The balance in the same account at the end of 2021 is $421000. Vaughn's Cost of Goods Sold account has a balance of $2090000 from sales transactions recorded during the year. What amount should Vaughn report as Cost of Goods Sold in the 2021 income statement? O $2090000. $2232000. $1948000. $2511000