Waterway Industries 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 $321000. The balance in the same account at the end of 2021 is $476000. Waterway's Cost of Goods Sold account has a balance of $2330000 from sales transactions recorded during the year. What amount should Waterway report as Cost of Goods Sold in the 2021 income statement