Stockings Ltd. had the following stores record for the month of July 20X8. 100 litres, valuation 100 60 litres 40 litres, cost 1.20 per litre July 1 Stock on hand July 2 Issue July 3 Receipt July 10 Issue July 13 Receipt July 24 Receipt July 29 Issue 30 litres 20 litres, cost 1.30 per litre 20 litres, cost 1.50 per litre 60 litres Assuming that Stockings Ltd. uses a FIFO stock pricing system, the value of closing stock on 31st is: Select one: Assuming that Stockings Ltd. uses a FIFO stock pricing system, the value of closing stock is: Select one: a. 43 O b. 30 O c. 72 Od 45