Zaid’s financial year ends on 31 October. On 1 November 20–6 he owed advertising costs of $40. During the year ended 31 October 20–7 he paid advertising costs of $530. This included $270 for an advertising campaign for six months to 29 February 20–8.

How much did Zaid charge to the income statement for the year ended 31 October 20–7 for advertising costs?

A. $220 

B. $260 

C. $310 

D. $350