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Back Yards Inc. sells lawn furniture. The following table summarizes the company's operating expenses for the year. Purchases $101,000 Operating expenses $75,000 Beginning merchandise inventory

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Back Yards Inc. sells lawn furniture. The following table summarizes the company's operating expenses for the year. Purchases $101,000 Operating expenses $75,000 Beginning merchandise inventory $32,000 Ending merchandise inventory $37,000 Sales revenue $257,000 What was the cost of goods sold for the year at Back Yards Inc.? O A. $133,000 B. $106,000 C. $96,000 D. $81.000

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