Opening Inventory Is £29,000, Closing Inventory Is £31,000, Purchases Are

Multiple Choice

Opening inventory is £29,000, closing inventory is £31,000, purchases are £128,000, and purchase returns are £8,500.
Assume that the suppliers are always paid for in cash and returns are always received in cash, what is the charge to the income statement in the period.

A) £128,000
B) £117,500
C) £119,500
D) £117,000