Based on the information below and considering that this company paid $213,500 in cash to its suppliers during the year, what is the company's cost of goods sold for 2015? Assume that the only source of Accounts Payable is the purchase of inventory on credit.

	1/1/2015	12/31/2015
Inventory	$122,400	$134,560
Accounts payable	$54,000	$123,000

Select one:

a. $81,160

b. $270,340

c. $282,500

d. None of these