DDF is a retailer, and in the beginning of the income year, it has opening stock of $70,000. At the end of the income year, it has closing stock of $65,000. Which of the following is correct?

Select one:

a. The company has a deduction of $5,000

b. The company has a deduction of $135,000

c. The company has an assessable income of $135,000

d. The company has an assessable income of $5,000