Cumberland City Consultants started business on January 1, 2015, and immediately purchased $1,000 of supplies to use in the business. At the end of the month, 25 percent of the supplies remains unpaid and 20% are still on hand. What amounts should appear on the financial statements for January, 2015?

Income Statement	Statement of Cash Flows
a. ($1,000)	($1,000)
b. ($1,000)	($750)
c. ($800)	($25)
d. ($800)	($750)