Dorsett Technologies had finished goods inventory on January 1, 20X8 of $29,500 and finished goods inventory on December 31, 20X8 of $24,300. If the cost of goods sold for the year was $428,000, what was the cost of goods manufactured for the year?

i. $402,400

ii. $422,800

iii. $417,600

iv. $428,000

v. None of the answers is correct