The income statement for the month of December, 2020 of Muscat Company contains the following information: Revenues OMR 7,000 Expenses Wages Expense OMR 2.000 Rent Expense 1,000 Supplies Expense 300 Advertising Expense 200 Insurance Expense 100 Total expenses 3.600 Net income OMR 3400 Muscat Company reported Retained Earnings of OMR 35,000 on December 1, 2020. The company had no Dividends during December. On December 31, 2020, the company will report Retained earning of Select one: O a OMR 35.000 O b. OMR 42,000. O c. OMR 31,600 O d. OMR 38,400. O e. None of the answers are correct