Use the information below to answer question

Stock (1/1/02) at selling price..........N2000

Goods sent to branch (selling price).....N?

Sales by branch (selling price)..........N4500

Stock (31/12/02).........................N?

Opening stock is 1/4 of goods sent to branch.

Determine the closing stock?

• A N5 500
• B N6 500
• C N2 500
• D N4 500