Cost of goods sold =
Cost of goods Manufactured
Add: Beginning Finished goods
Less: Ending Finished goods
Finished goods decreased by $10,000 during the year means, Ending Finished goods is less than the Beginning finished goods
So, Cost of goods sold = cost of goods manufactured + Decrease in finished goods
Cost of goods sold = $1,400,000 + $10,000 = $1,410,000
Cost of goods sold = $1,410,000
Option 'B' is correct
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