During $2022,$ Coronado purchased $$949200$ of raw materials, incurred direct labour costs of $$124800,$ and incurred manufacturing

overhead totalling $$160000.$ Coronado Manufacturing's cost of goods manufactured for $2022$ amounted to $$1238300.$ How much

would it report as cost of goods sold for the year? Coronado Manufacturing Inc.$\text{'}$s accounting records reflect the following inventories:

Dec. $31,2021$

Dec. $31,2022$

Raw materials inventory

$$99300$ $$79400$

Work in process inventory

$129900145500$

Finished goods inventory

$124200115800$

During $2022,$ Coronado purchased $$949200$ of raw materials, incurred direct labour costs of $$124800,$ and incurred manufacturing overhead totalling $$160000.$ Coronado Manufacturing$$s cost of goods manufactured for $2022$ amounted to $$1238300.$ How much would it report as cost of goods sold for the year?

Select answer from the options below

$$1249600$

$$1363100$

$$1229900$

$$1246700$