The value of goods sent to branch is?

Use the information below to answer the 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.

A. N4 000
B. N6 000
C. N8 000
D. N2 000

Correct Answer:

Option C – N8 000