You are hired as a financial manager at O'HARA CORPORATION, a lamp manufacturing company. You are required to provide your recommendations in respect to the acquisition of a new production plant. Given this new plant, production would be 60,000 lamps per year. The cost of each lamp is $5.00. The price at which you can sell each lamp is $15.00. ***THIS IS INFORMATION. THIS IS NOT A QUESTION*** D Question 21 0.3 pts --- FIRST YEAR OF OPERATIONS --- What will be the total COGS (Cost of Goods Sold) for the first year of operations (assume you will sell all of the inventory)? Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx O $150,000.00 O Can't be determined. O $300,000.00