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The supplies account had a balance of $877 at the beginning of the year and was debited during the year for $2,827, representing the total

The supplies account had a balance of $877 at the beginning of the year and was debited during the year for $2,827, representing the total of supplies purchased during the year. If $3,000 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

a. $704

b. $5,827

c. $3,000

d. $3,704

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