The records of a company provided the following information at December 31, 2001:


Invoice mailed$70

Items purchased, FOB shipping point invoices mailed, items not yet en route	104
Items purchased, FOB destination, terms 5/10, n/30, received at warehouse	100
Items held on consignment from another company	50
Ending inventory 12/31/2001 (excluding above items)	80

Items en route to customers, f.o.b. destination
What December 31, 2001, inventory cost should the company report?

Select one:

A. $245

B. $224

C. $230

D. $404