Silver Crafts, Inc. purchases and sells bracelets. The following information summarizes the company's operating activities for the year: Selling and Administrative Expenses $5,000 Purchases 157,000 Sales Revenue 790,000 Merchandise Inventory, January 1 2.400 Merchandise Inventory, December 31 38,800 If the company sold 7,800 bracelets during the year, how much is the unit cost for one bracelet? (Round your answer to the nearest cent.) O A. $5.28 B. $20.13 O C. $20.44 OD. $15.46 Click to select your