Testing o2's...code P0420
I'm getting the code P0420 so I had Autozone check it out and they told me it was my cats, the I talk to some other people about it and they are tell me that it's my o2 sensors. And to maybe help diagnose, I am getting the sulfer smell when I drive it hard and it seems I've lost power too, AND I'm noticing alot of black **** on the garage floor where my cut out is. SO my question is, before I go spend a bunch of money on o2 sensor or whatnot, is there anyway to test them to find out for sure if they're bad?

