Marked out of 1.00 Flag question NIZWA ELECTRONICS is doing a merchandise business. The business is selling all electronics items. The business has made the following purchases and sales during the month of May 2019. The following information was taken from the inventory records during May 2019. The business had Opening inventory of 20 Samsung Galaxy Mobile at OMR 60 each on 1st May 2019. On May 3, Purchase 25 numbers at OMR 50 each and May 31 Sold 25 numbers at 70 each. What will be the cost of goods sold at the end of May 31 assumes that business uses FIFO method? a. OMR 1750 O b. OMR 1450 O c. OMR 1000 O d. OMRO Clear my choice