During its first year of operations, Silverman Company paid $12,385 for direct materials and $10,600 for production workers' wages. Lease payments and utilities on the production facilities amounted to $9,600 while general, selling, and administrative expenses totaled $3,900. The company produced 6,650 units and sold 4,100 units at a price of $7.40 a unit.

What is Silverman's cost of goods sold for the year?

A. $32,585

B. $16,576

C. $20,090

D. $26,885