The supplies account had a balance of $1,081 at the beginning of the year and was debited during the year for $2,891, representing the total of supplies purchased during the year. If $2,672 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year is Oa. $1,972 Ob. $2,672 Oc. $1,300 Od. $5,363