X Company is a merchandiser. It incurred the following costs in 2020:

Warehouse costs	$20,514
Advertising costs	11,787
Insurance costs	27,574
Employee salaries	19,324
Utility costs	28,519
Merchandise purchases	84,343
Equipment rental	15,789
Supply costs	19,984
Miscellaneous operating costs	11,942

From January 1, 2020, to December 31, 2020, the Merchandise Inventory account balance increased by $33,077.

What was Cost of Goods Sold in 2020?

A: $51,266

B: $64,082

C: $80,103

D: $100,129

E: $125,161

F: $156,451