k k A business has the following expenses for the period: Internet charges 10,000 Electricity Purchases 8,000 102,000 Carriage outwards 15,000 Carriage inwards 64,000 Staff salaries 83,000 Inventory was valued at 27,000 at 31 March 20X3 (23,000 at 1 April 20X2). What is the total cost of sales which would be recorded for the period ending 31 March 20X32 a. 177,000 Ob. 166,000 c. 162,000 d. 278,000