The following information was extracted from the accounting records of SS Stores on 28 February 2019, the end of the financial year: Opening inventory R20 000 Purchases of inventory R260 000 nventory returned to suppliers R10 000 Carriage on purchases R8 000 2 Closing inventory Cost of sales R228 000 The closing inventory for the year ended 28 February 2019 equals Select one: a. R50 000 b. R70 000 O C. R42 000 O d. none of the above Fin