A company just starting business made the following four inventory purchases in June: Unit Unit Cost Total Cost June 1 150 units 5.2 June 10 200 units 5.85 June 15 200 units 6.4 June 28 150 units 6.6 A physical count of merchandise inventory on June 30 show that 200 units on hand. Using the Average Method of inventory, the value of the Cost of Goods Sold on June 30 is: Select one: a. 4,000 O b. 3,200 c. 4,200. O d. 3,000 O e. 2.200. The following information relates to At- Tufail Co. for the year ending December 31.2020. Cash 21.000 Prepaid expense 500 Office Supplies 2.000 Account payable 1,000 RO Share, Capital 15.000 Service Revenues 20,000 Salary Expenses 6.000 Unearned Service Revenues. 1.500 Rent Expenses 1.000 Supplies Expenses 2.000 Utilities Expenses 3.500 What is the company's net income for the year ending December 31.2020? Select one: O a. OMR 5,500 b. OMR 10,500 O c. None of the answers are correct d. OMR 8,500 O e OMR 7,500