A Company That Uses the Periodic Inventory System Provided the Following

A company that uses the periodic inventory system provided the following information: 1.Beginning inventory $5,000
2) Purchases $140,000
3) Purchase discounts $2,300
4) Purchase returns and allowances $600
At the end of the period,the physical count of inventory reveals that $15,000 worth of inventory is on hand.What is the amount of cost of goods sold?

A) $127,100
B) $142,100
C) $157,100
D) $137,100