The supplies account had a balance of $4,234 at the beginning of the year and was debited during the year for $2,527, representing the total of supplies purchased during the year. If $318 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. $2,845 Ob. $318 Oc. $6,443 Od. $6,761