Select the figure from among the given options that can replace the question mark (?) in the following series.

The logic followed here is;

If we notice the circles in the above given images, then we found that one upside Circle is eliminating in every next image and one downside Circle is adding in every next image.

So, if we go with this trend then it should be upside 01 Circle in (?) image and 05 Circles in downside.

And, the shaded square repeats after one image,

Thus, as per the above observation the next image will be:-