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on 33 wed ed out of Mr. Ali operates Clothes business in the Dhofar Region. He made a Net Sales of RO165,000 and spent on

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on 33 wed ed out of Mr. Ali operates Clothes business in the Dhofar Region. He made a Net Sales of RO165,000 and spent on Cost of Goods sold RO 75,000 and on Operating expenses RO 25,000. He had other revenues of RO 12000 during the year ended 31st December 2019. Compute Mr. Ali's Net Income for the year ended 31st December 2019. 19 nion a. RO277,000 b. R0127.000 OC RO53,000 d. RO77.000

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