Waterway Manufacturing Inc's accounting records reflect the following inventories: Dec.31. 2019 Raw materials inventory $99400 Work in process inventory 130700 Finished goods inventory 125100 Dec. 31. 2020 $79800 145100 neemann 115200 During 2020, Waterway purchased $949500 of raw materials, incurred direct labour costs of $124700, and incurred manufacturing overhead totalling $160500. Waterway Manufacturing's cost of goods manufactured for 2020 amounted to $1239900. How much would it report as cost of goods sold for the year?