A company has a beginning inventory of $60,000 and purchases during the year of $80,000. The beginning inventory consisted of 2,000 units and 8,000 units were purchased during the year. The company has 5,000 units left at year-end. Under average -cost, what is Cost of Goods Sold? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.) O A $80,000 OB. $112,000 OC. $140,000 OD $70,000