Cinnamon Buns Co. (CBC) started 2013 with $53,400 of merchandise on hand. During 2013, $283,000 in merchandise was purchased on account with credit terms of 4/10 n/30. All discounts were taken. Purchases were all made f.o.b. shipping point. CBC paid freight charges of $10,100. Merchandise with an invoice amount of $3,000 was returned for credit. Cost of goods sold for the year was $307,000. CBC uses a perpetual inventory system. Assuming CBC uses the gross method to record purchases, ending inventory would be:

a)	$25,180.
b)	$15,200.
c)	$36,500.
d)	$25,300.