Jack Company began the accounting period with inventory of 3,000 units at $30 each. During the period, the company purchased an additional 5,000 units at $36 each and sold 4,600 units. Assume the use of periodic inventory procedure. Cost of goods sold using weighted-average is:

Select one:

a. $160,350.

b. $114,000.

c. $155,250.

d. $147,200.