Mustang Corporation Has Accumulated the Following Accounting Data for the Month

Multiple Choice

Mustang Corporation has accumulated the following accounting data for the month of April: $\begin{array}{ll}\text { Finished goods inventory, January 1 } & \$ 3,200 \\\text { Finished goods inventory, December } 31 & 4,000 \\\text { Total cost of goods sold } & 14,200\end{array}$
The cost of goods sold for the year is:

A) $59,700.
B) $169,300.
C) $144,700.
D) $108,900.
E) $120,100.