You are required to prepare the Balance Sheet as on 31-12-2019 by using the CPP Method and answer the following questions.

Assets	Amount OMR	Liabilities	Amount OMR
Fixed Assets	300,000	Share Capital	350,000
Inventory (FIFO)	75,000	10% Debentures	100,000
Debtors	50,000	Current Liabilities	100,000
Cash	225,000	Retained Earnings	100,000
Total	650,000	Total	650,000
Price Index on 1-1-2019 was 300 and on 31-12-2019 was 390

1. What is the total amount of the Balance Sheet as per the CPP Method?  

a-OMR 761,000

b-OMR 746,000

c-OMR 716,750

d-OMR 782,750

2. What is the amount of Retained Earnings as per the CPP Method?  

a-OMR 92,750

b-OMR 69,750

c-OMR 91,000

d-OMR 96,750

3. What is the amount of Fixed Assets as per the CPP Method?  

a-OMR 390,000

b-OMR 360,000

c-OMR 630,000

d-OMR 420,000