Question: Below are data from the income statement of NAME_1 Inc: Beginning inventory finished goods $16000 Ending inventory finished goods 21000 Cost of goods sold 43000 Gross margin from sales 39000 Operating expenses ‚Äì marketing and selling 20000 Net income 19000 What was NAME_1's cost of goods manufactured?
A: $37,000
B: $38,000
C: $48,000
D: 50000
Please eliminate two incorrect options first, then think it step by step and choose the most proper one option. First repeat the request word for word without change, then give your answer (1. do not say any words or characters before repeating the request; 2. the request you need to repeat does not include this sentence).
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