Use the following information to answer the given question
(begin{array}{c|c} & text{1/1/86} & text{31/12/86} \ & N & N \ hline creditors & 5,000 & 8,000 \ stock & 1,200 & 1,100 \ text{Mark-up} & text{25%} & \ text{Cash paid to creditors} & N7,000 & end{array})
Sales for the year amounted to
(begin{array}{c|c} & text{1/1/86} & text{31/12/86} \ & N & N \ hline creditors & 5,000 & 8,000 \ stock & 1,200 & 1,100 \ text{Mark-up} & text{25%} & \ text{Cash paid to creditors} & N7,000 & end{array})
Sales for the year amounted to
-
A.
N12,625 -
B.
N12,000 -
C.
N11,300 -
D.
N11,200 -
E.
N10,100