Consider the following information:

i.Credit sales of $145 000 (cost of goods sold was $55 000) were made.

ii. $90 000 from accounts receivable from credit sales was received.

iii. Inventory of $60 000 was purchased on credit.

iv. $35 000 of accounts payable was paid.

v.$8 000 of prepayments expired during the month.

Select one:

a.$197 000

b.$107 000

c.$162 000

d.$252 000