Payton Corporation provided the following information for the year: Beginning Balance—Work-in-Process Inventory $26,000 Ending Balance—Work-in-Process Inventory 55,000 Beginning Balance— Direct Materials 81,000 Ending Balance— Direct Materials 59,000 Purchases — Direct Materials 360,000 Direct Labor 471,000 Indirect Labor 19,000 Depreciation on Factory Plant and Equipment 24,000 Plant Utilities and Insurance 268,000 What was the amount of the cost of goods manufactured for the year?