The king mart had the Gross profit of RO 45,600, Advertising of RO 4,400, Salesperson commission of RO 2,500, Office salaries of RO 5,500, Office insurance of RO 800 and Utilities of RO 700 for the year 2019. Calculate and show the Net income of the business transferred to the Balance sheet for the year ended 2019?

a.

RO 45,600

b.

RO 31,700

c.

RO 13,900

d.

RO 59,500