You are given the following balances in relation to Lorenz Ltd: Emn mn 1.900 5 year loan 685 40 Cost of sales 1,120 360 600 Ordinary share capital Bank overdraft Wages and salaries Sales revenue Land and property Finance charges Machinery Tax payable 2,740 460 130 Trade receivables 1,560 Trade payables 5,000 Retained earnings 80 Inventories 125) Advertising 30 Cash at bank 35 Equipment 24 Tax charge 95 15 Insurance costs 35 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? O A. 284 OB. 1,276 OC. 249 D. E260