3 Points Use the information provided below to answer the question Ethekwini Traders provided you with the following information for the year ended 30 Apr 2020 Inventory (1 May 2019 400 000 Purchases 600 000 Purchases returns 40 000 Sales returns 100 000 Carriage on purchases 5500 A physical inventory count on 30 Aprt 2020 indicated that inventory on hand was R500 000 The cost of sales amount on 30 Apr 2020 wil be... A. R405 500 B. RS 500 C. R534 500 D. RS60 000