9. The following is the income statement of Al Muna Export Company for the year end 2019. Income Statement RO 460000 28000 412000 (124000) (316000) 144000 Sales Less: Cost of Goods Sold Opening inventory Add: Purchases Less: Closing inventory Gross Profit Less: Indirect Expenses Patent purchased Salary Stationary Provision for bad debts disallowed Travelling expenses 7000 18200 1140 6700 6000 9. The following is the income statement of Al Muna Export Company for the year end 2019. Income Statement RO 460000 28000 412000 (124000) (316000) 144000 Sales Less: Cost of Goods Sold Opening inventory Add: Purchases Less: Closing inventory Gross Profit Less: Indirect Expenses Patent purchased Salary Stationary Provision for bad debts disallowed Travelling expenses 7000 18200 1140 6700 6000