Use information below to answer this question.Capital: opening balance 307,000Cl...

Question

Use information below to answer this question.

Capital: opening balance 307,000

Closing balance 342,000

Net profit for the period 121,600

Opening stock 98,800

Purchases 706,000

Carriage inwards 17,500

Cost of goods sold 740,700

Total selling, general and

Administration expenses 526,000

Discount received 9, 650

What is the closing stock for the period?

Options

C)

₦81,600