The CCA company uses the FIFO method for internal purposes and LIFO for external purposes. The balance of the LIFO Reserve account (LIFO Reserve) at the end of 2020 was $ 140,000 in credit. The balance of the same account at the end of the year 2021 is $ 210,000 credit. CCA has a balance in the Cost of Goods Sold account of $ 1,050,000, generated from the sales recorded under FIFO during the year. How much will CCA report as Cost of Goods Sold on its Income and Expense Statement for the year 2021?

a.1049790

b.1120000

c.980000

d.1050000