Walmart Inc. accounting records reflect the following inventories: Dec 31, 2016 Dec. 31, 2017 Raw materials inventory $310,000 $260,000 Work in process inventory 300,000 160,000 Finished goods inventory 190,000 150,000 If Walmart Inc. cost of goods manufactured for 2017 amounted to $ 950,000, its cost of goods sold for the year is: OA $ 940,000 $ 990,000 $ 790,000 OD. 5 1.140,000