(5 points) Aracaju, Inc.'s auditor decided to use the Gross Profit Method as an analytical procedure to confirm inventory values for the period ended December 31, 2022. Aracaju, Inc. reported beginning inventory on January 1,2022 of $69,000. During the year, the company reported net purchases of $145,000 and net sales of $253,000. Aracaju, Inc.'s average gross profit o sales margin ratio is 33%. Based on these values, what will be the auditor's estimate of cost of goods sold (COGS) for 2022? (A 21) \begin{tabular}{c} $214,000 \\ \hline$169,510 \\ \hline$143,380 \\ \hline$44,490 \end{tabular}