Manufacturing overhead is overapplied for the year by $3,000. The unadjusted cost of goods sold is $360,000. Closing manufacturing overhead into cost of goods sold will result in which of the following?

A) A credit balance in manufacturing overhead of $6,000.

B) Adjusted cost of goods sold of $360,000.

C) Adjusted cost of goods sold of $357,000.

D) Adjusted cost of goods sold of $363,000.