Given:Sales ............................₦195,200 Stock 1st January.............

Question

Given:

Sales ............................₦195,200
Stock 1st January.................₦34,000
Purchases ........................₦126,000
Sales returns ....................₦1,200
Purchases returns ................₦2,000

If the gross profit is ₦66,000, what is the value of stock at 31st December?

Options

A)

₦30,000