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Old Oak Winery sold inventory for $ 2 5 0 , 0 0 0 , terms 1 / 1 0 , n / 3 0

Old Oak Winery sold inventory for $ 250,000, terms 1/10,n/30. Cost of goods sold was $ 153,000. How much sales revenue will Old Oak Winery report from the sale? (Assume the company records sales at the net amount.)
A.$ 97,000
B.$ 247,500
C.$ 250000
D.$ 153,000

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