For the year, your company's gross profit is $250,000, sales are $320,000 and ending inventory is $75,000. If net purchases are $100,000, then COGS is:

A. $70,000

B. $95,000

C. $110,000

D. $130,000

During AdCos first year of operations, it purchases $125,000 of inventory on account for a total of $105,000. If AdCos ending inventory is $25,000 and sales are $150,000, what is the cost of goods sold?

A. $25,000

B. $50,000

C.$75,000

D. $100,000