White Corporation uses the FIFO method for internal reporting purposes and LIFO for external reporting purposes. The balance in the LIFO Reserve account at the end of 2017 was $320,000. The balance in the same account at the end of 2018 is $480,000. White's Cost of Goods Sold account has a balance of $2,400,000 from sales transactions recorded during the year. What amount should White report as Cost of Goods Sold in the 2018 income statement?

	A.	$2,400,000.
	B.	$2,880,000.
	C.	$2,560,000.
	D.	$2,240,000.