Peyton Mims purchased $270,000 in supplies this year. The supplies account increased by $10,000 during the year to an ending balance of $66,000. What was supplies expense for Peyton Mims during the year?

(a) $300,000;

(b) $280,000;

(c) $260,000;

(d) $240,000; or

(e) $270,000