On April 1, 2019, Franky Paul started a business in Montego Bay, with its primary functions being the buying and selling of used auto parts. At the end of his first year of trading, he has provided you with the following account balances: Apr 01 520,000 0 0 Details Cash Stock Creditors Motor van (book value) Computer (book value) Debtors Insurance prepaid Rent expense owing 5% Loan 1,500,000 95,000 Mar 31 422,000 123,200 78,300 1,350,000 80,750 28,500 12,000 32,000 350,000 0 0 O 400,000 Mr. Paul also had cash sales during the year amounting to $1,230,000, cash purchases amounting to $953,000 cash receipts from debtors for $145,000, cash payments to suppliers for $123,600, discounts to credit customers was $23,000, and discounts from credit suppliers was $14,500. In light of this information, how much was the total purchases for the year? Select one: O a $1,076,600 a. Select one: a. $1,076,600 O b. $1,169,400 O c. $1,199,300 O d. $1,426,500