If a company sells goods that cost $80,000 for $92,000, the firm will:

a. reduce Finished-Goods Inventory by $80,000.

b. reduce Finished-Goods Inventory by $92,000.

c. report sales revenue on the balance sheet of $92,000.

d. reduce Cost of Goods Sold by $80,000.

e. follow more than one of the other listed procedures.