The supplies account had a balance of $1,243 at the beginning of the year and was debited during the year for $2,458, representing the total of supplies purchased during the year. If $2,922 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. $2.922 Ob $5,380 O c. $779 Od. $3,701