Sleep Tight, Inc., manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and materials were $39,000, $31,000, and $25,000, respectively. The desired inventories on December 31 for finished goods, work in process, and materials were $41,000, $36,000, and $20,000, respectively. Direct materials purchases were $555,000, direct labor was $224,000 for the year, and factory overhead was $153,000. Prepare a cost of goods sold budget for Sleep Tight, Inc.