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GeCo begins 20X4 with merchandise costing $69,000. 20X4 sales are $233,000, purchases are $198,000, and ending inventory is $81,000. GeCo's 20X4 cost of goods sold

GeCo begins 20X4 with merchandise costing $69,000. 20X4 sales are $233,000, purchases are $198,000, and ending inventory is $81,000. GeCo's 20X4 cost of goods sold is......

a. $245,000

b. $221,000

c. $210,000

d. $186,000

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