Sheridans Manufacturing Company can make 100 units of a necessary component part with the following costs:

Direct Materials $112000

Direct Labor 17000

Variable Overhead 39000

Fixed Overhead 30000

If Sheridans Manufacturing Company purchases the component externally, $20000 of the fixed costs can be avoided. What is the maximum amount Sheridan is willing to pay to purchase the 100 units?

$188000

$178000

$198000

$168000