WAEC Financial Accounting 2019 Question 7

Use the following information to answer questions 6 and 7.
(01/01/17 / 31/12/17)
Trade creditors: ₦630,000 / ₦780,000
Stock: ₦540,000 / ₦480,000
Cash paid to trade creditors in 2017 was ₦2,700,000.
The cost of goods sold was

1. A.₦3,330,000.
2. B.₦2,910,000.
3. C.₦2,760,000.
4. D.₦2,610,000.