12. On January 1, 2022, Path Corporation (a U.S. company) acquired all of the common stock of Shade Company, a French enterprise. There was no revaluation for this acquisition. The functional currency of Shade was the US dollar. The following data related to Shade for 2022 are available: Purchase of inventory made evenly during 2022 = Euro 180,000 Beginning inventory on January 1, 2022 Euro 20,000 Ending inventory items (Euro 10,000 at FIFO cost) were purchased when the exchange was Euro 1- US$1.29 The exchange rate on January 1, 2022, was Euro 1=US$1.28 The exchange rate on December 31, 2022, was Euro 1 = US$1.35 Average exchange rate for 2022 was Euro 1 = US$1.32 The cost of goods sold in the remeasured income statement would be a. $250,800 b. $250,300 c. $248,900 d. $256,500