You are given the following balances in relation to Lorenz Ltd: mnl mn Ordinary share capital 1,900 5 year loan 685 Bank overdraft 40 Cost of sales 1,1201 Wages and salaries 130 Trade receivables 360 Sales revenue 600 Land and property 1,560| Trade payables 5,000| Retained earnings 2,740 Finance charges 80 Inventories 460 Machinery 125 Advertising 95 Tax payable 30 Cash at bank 15 Insurance costs 35 35] Equipment 24 Tax charge Rent expense 231 What will be the value of the total operating expenses, as shown in the statement of profit and loss for the year end? A. 249 B. 284 O C. 1,276 D. 260