Redmoon Traders provided the following inventory information for the month of March 2018. Units Cost (RO) Amount (RO) March -1 Beginning inventory 400 10 4,000 March 8- Purchases 250 20 5,000 March 18- Purchases 350 25 8,750 March 20 - Purchases 200 30 6,000 The business sold March 18 purchases on 26th March at a cost of RO 40 each by using Specific Identification method. Calculate the Gross profit of the above business. O a. RO 14,000 0.b. RO 8,750 o c. RO 5,250 O d. RO 15,000