A company has beginning inventory of $60,000 and purchases during the year of $140,000 The beginning inventory consisted of 2000 units and 8000 units were purchased during the year. The company has 4000 units left at year-end. Under the weighted average-cost method, what is Cost of Goods Sold? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.) O $140,000 O $110,000 O $160,000 O $120,000 O $100,000