Tin company had the following results during 2017. Sales: $1,187,600 Gross Margin: $ 363,400 Ending Inventory: $81,700 Based on the information

Tin company had the following results during 2017.

Sales: $1,187,600

Gross Margin: $ 363,400

Ending Inventory: $81,700

Based on the information provided, what was the company’s cost of goods sold?

A: $281,700

B: $742,500

C: $824,200

D: $1,105,900