The Accounting Records of Brownwood Company Revealed the Following Information

Multiple Choice

The accounting records of Brownwood Company revealed the following information: $$\begin{array} { l r } \text { Work-in-process inventory, Jan. 1 } & \$ 58,000 \\\text { Work-in-process inventory, Dec. } 31 & 49,000 \\\text { Finished-goods inventory, Jan. 1 } & 125,000 \\\text { Finished-goods inventory, Dec. } 31 & 158,000 \\\text { Cost of goods manufactured } & 754,000\end{array}$$ Brownwood's cost of goods sold is:

A) $721,000.
B) $730,000.
C) $778,000.
D) $787,000.
E) None of the other answers are correct.