Compute cost of goods sold for 2015 using the following information. Finished goods inventory, Dec. 31, 2014

Question:

Compute cost of goods sold for 2015 using the following information.
Finished goods inventory, Dec. 31, 2014 . . . . . . . . . . . . . $345,000
Work in process inventory, Dec. 31, 2014 . . . . . . . . . . . 83,500
Work in process inventory, Dec. 31, 2015 . . . . . . . . . . . 72,300
Cost of goods manufactured, 2015 . . . . . . . . . . . . . . . . . 918,700
Finished goods inventory, Dec. 31, 2015 . . . . . . . . . . . . . 283,600