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What amount should appear in the company statement

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At 31 March 20X2 a company had oil in hand to be used for heating costing $8,200 and an unpaid heating oil bill for $3,600.

At 31 March 20X3 the heating oil in hand was $9,300 and there was an outstanding heating oil bill of $3,200.

Payments made for heating oil during the year ended 31 March 20X3 totalled $34,600.

Question 1: Based on these figures, what amount should appear in the company's statement of comprehensive income for heating oil for the year? The answer was 31000. why?

Reference no: EM132569332

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