Based on the information below and considering that this company paid $322,500 in cash to its suppliers during the year, what is the company's cost of goods sold for 2015?

	1/1/2015	12/31/2015
Inventory	$23,400	$34,560
Accounts payable	$354,000	$223,000

Select one:

a. $311,340

b. $180,340

c. $322,500

d. $442,340