Payton Corporation Provided the Following Information for the Year What Was the Amount of the Cost of Goods Manufactured

Payton Corporation provided the following information for the year: $\begin{array}{|l|r|}\hline \text { Beginning Balance - Work-in-Process Inventory } & \$ 26,000 \\\hline \text { Ending Balance - Work-in-Process Inventory } & 55,000 \\\hline \text { Beginning Balance - Direct Materials } & 81,000 \\\hline \text { Ending Balance - Direct Materials } & 59,000 \\\hline \text { Purchases - Direct Materials } & 360,000 \\\hline \text { Direct Labor } & 471,000 \\\hline \text { Indirect Labor } & 19,000 \\\hline \text { Depreciation on Factory Plant and Equipment } & 24,000 \\\hline \text { Plant Utilities and Insurance } & 268,000\\\hline\end{array}$ What was the amount of the cost of goods manufactured for the year?

A) $1,363,000
B) $1,164,000
C) $1,135,000
D) $1,193,000