The following information is provided by Beacon Company:

Cost Retail

Inventory, start of the period $$25,000$ $$45,000$

Net purchases during the period $110,000225,000$

Net sales for the period $198,000$

Using the retail inventory method, what is the cost of goods sold at the end of the period?

a$.$ $$72,000$

b$.$ $$36,000$

c$.$ $$99,000$

d$.$ $$67,500$