The following data relates to Bands Are Us. Inc. for the year ended December 31, 2015:

Ending inventory at cost $ 54,000

Ending inventory at NRV $ 52,700

Ending inventory at fair value $ 59,000

COGS before any adjustment for NRV $ 67,000

Which of the following is the adjusted COGS balance for Bands Are Us. Inc. after NRV adjustment?

72,000

$67,000

$68,300

$65,700