Use the Following Information Regarding Black Company and Red Company

Use the following information regarding Black Company and Red Company to answer the question "Which of the following is Red Company's "cost of goods sold" for 2017 (to the closest dollar) ?" $\begin{array}{l}\begin{array}{|l|c|c|c|}\hline & \text { Year } & \begin{array}{c}\text { Inventory } \\\text { Turnover }\end{array} & \text { Ending Inventory } \\\hline \text { Black Company } & 2015 & & \$ 26,340 \\\hline & 2016 & 8.7 & \$ 29,890 \\\hline & 2017 & 8.2 & \$ 30,100 \\\hline\\\hline \text { Red Company } & 2015 & & \$ 25,860 \\\hline & 2016 & 7.0 & \$ 24,750 \\\hline & 2017 & 7.5 & \$ 22,530 \\\hline\end{array}\end{array}$

A) $260,043
B) $189,788
C) $168,975
D) $177,300