The following information is available for Avocado Corp for 2020:

Payment for goods during year $104,000

Accounts payable, beginning 14,000

Inventory, beginning 28,000

Accounts payable, ending 12,600

Inventory, ending 16,200

Cost of goods sold for 2020 is

a) $102,600.

b) $132,000.

c) $114,400.

d) $105,400.