The following reflect the forecast of Duracell Manufacturers for the year 2020 for the only product that it manufactures: R Sales 800 000 Purchases 260 000 Opening inventory 40 000 Closing inventory 60 000 Operating expenses 282 000 Interest expense 3 000 Income tax is calculated at 30% of the pre-tax profits. The expected income from operations (operating profit) for 2020 is_ Select one: a. R275 000 b. R278 000 C.R192 500 d. none of the above