Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows:

	Year 1	Year 2
Beginning inventory	$ 124,500	$ 130,900
Cost of goods purchased	250,900	279,500
Cost of goods available for sale	375,400	410,400
Ending inventory	130,900	135,900
Cost of goods sold	$ 244,500	$ 274,500

Lucia Company made two errors: 1) ending inventory at the end of Year 1 was understated by $15,900 and 2) ending inventory at the end of Year 2 was overstated by $6,900. Given this information, the correct cost of goods sold figure for Year 2 would be:

Multiple Choice

$267,600

$290,400

$281,400

$297,300

$253,500