Given the following information, how much would the cost of goods sold be? Sales RM8.200; Opening inventory RM1,300; Closing Inventory RM900; Purchases RM6,400; Carriage inwards RM200. Select one: a. 7,000 b. Another figure. C. 6,800. O d. 6,200 A firm bought a machine for RM3,200. It is to be depreciated at a rate of 25 per cent using the Reducing Balance Method. What would be the remaining book value after 2 years? Select one: a. RM 1,600 b. RM2,400. O C. RM1,800 d. Some other figure