vy makes T-shirts for local bands. She buys shirts in bulk, does the design work herself, prints the design, and presses them onto the shirts. Ivy did work for five bands during the year. Each project takes three hours of her labor; if she were working at a shop, she would get paid $20/hour. For 2022, her total purchases were: Shirts 200 @ $10 each (25 remaining in inventory at year end). Materials $228 Flyers to market her services to bands $75 What is Ivy's cost of goods sold (COGS)? $1,978 $2,053 $2,250 $2,278