Opening stock of raw material 82,000 Opening stock of work in progress 93,000 Opening stock of finished goods 55,000 Return inwards 24,000 Office expense 26,000 15% loan 1,500,000 Loan interest 125,000 Sales 2,850,000 Discount allowed Wages 18,000 360,000 X-Tyres' cost of production for the year is $925,000; their closing stock of raw materials is $110,000; their closing stock of finished goods is $45,000, and the provision for unrealised profits in the prior year was $10,000. They maintain a mark- up percentage of 15%. How much is the gross profit to be shown in the statement of profit or loss for the year ended June 30, 2021? Select one: O a. $1,897,000 O b. $1,873,000 c. $1,758,250 d. $1,734,250