Holden Co., a domestic entity, sold goods to a British company on 5/10 with the transaction denominated in Pounds. The sales price of the goods was 250,000, and the cost of the goods was $150,000. The receivable is payable in full on 6/10, and Bart Co. prepares their financials monthly. Relevant exchanges rates are 5/10 1 = $1.25, 5/31 1 = $1.30, and 6/10 1 = $1.35. Based on this information, what was the amount booked to cost of goods sold by Bart Co. on 5/10?

Question 16 options:

a)	150,000
b)	$150,000
c)	$250,000