Lucia Company Reported Cost of Goods Sold for Year 1

Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows: $$\begin{array} { | l | r | r | } \hline & \text { Y ear 1 } & \text { Y ear 2 } \\\hline \text { Beginning inventory } & \$ 120,000 & \$ 130,000 \\\hline \text { Cost of goods purchased } & 250,000 & \underline { 275,000 } \\\hline \begin{array} { l } \text { Cost of goods avail able for } \\\text { sale }\end{array} & 370,000 & 405,000 \\\hline \text { Ending inventory } & 130,000 & 135,000 \\\hline \text { Cost of goods sold } & \$ 240,000 & \$ 270,000 \\\hline\end{array}$$ Lucia Company made two errors: 1) ending inventory at the end of Year 1 was understated by
$15,000 and 2) ending inventory at the end of Year 2 was overstated by $6,000. Given this information, the correct cost of goods sold figure for Year 2 would be:

A) $291,000
B) $276,000
C) $264,000
D) $249,000
E) $285,000