Timmy's Toys Expects to Make Purchases of $181,775

Timmy's Toys expects to make purchases of $181,775. It anticipates an opening inventory of $65,225 and closing inventory of $19,000. If its Sales Revenue is $365,030, what will the Company's cost of goods sold be?

A) $247,000
B) $346,030
C) $266,000
D) $228,000
E) $183,255