answer is c but i need help on how to show work

7. The following account balances and information are available for Stevens Inc, at the end of 2019: Ending balance Manufacturing overhead S60,000 Overapplied Raw materials 100,000 Work in process 25,000 (contains $10,000 of applied overhead) Finished goods 75,000 (contains $30,000 of applied overhead) Cost of goods sold 200,000 (contains $80,000 of applied overhead) The overapplied balance in the Manufacturing Overhead account is determined to be material (significant) After closing the Manufacturing Overhead account, Cost of Goods Sold would have a balance of: a. $140,000 b. $240,000. c. $160,000 d. $260,000