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Old Oak Winery sold inventory for $280,000, terms 1/10, n/30. Cost of goods sold was $169,000. How much sales revenue will Old Oak Winery report

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Old Oak Winery sold inventory for $280,000, terms 1/10, n/30. Cost of goods sold was $169,000. How much sales revenue will Old Oak Winery report from the sale? (Assume the company records sales at the net amount.) O A. $280,000 B. $169,000 OC. $277,200 OD. $111,000

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