Company F is a foreign subsidiary of a domestic company and Company Fs functional currency is the Euro. On Company Fs financials at the end of the year 2014, they reported 300,000 in cost of goods sold. If the spot rate on 1/1/14 was 1 = $1.10, the spot rate on 12/31/14 was 1 $1.20, and the weighted average rate for the full year 2014 was 1 = $1.12, how much is the translated balance of cost of goods sold in U.S. $ at year-end?

Question 20 options:

A) $336,000

B) $330,000

C) $360,000

D) $300,000