Calculate the Cost of Goods Sold Using the Following Information

Calculate the cost of goods sold using the following information: $\begin{array}{lr}\text { Direct materials used } & \$ 298,500 \\\text { Direct labor used } & 132,000 \\\text { Factory overhead costs } & 264,000 \\\text { General and administrative expenses } & 85,500 \\\text { Selling expenses } & 48,800 \\\text { Work in Process inventory, January 1 } & 118,500 \\\text { Work in Process inventory, December 31 } & 125,900 \\\text { Finished goods inventory, January 1 } & 232,100 \\\text { Finished goods inventory, December 31 } & 238,700\end{array}$

A) $680,500.
B) $701,900.
C) $687,100.
D) $674,600.
E) $772,600.