The business's draft profit for the year is $\$53\,000$. Over the year, the business bought new premises and put the following expenses into the cost of the premises: legal fees $\$1\,500$ insurance $\$4\,500$ No depreciation is charged by the business on premises. What is the revised profit for the year?
- A$\$47\,000$
- B$\$48\,500$
- C$\$51\,500$
- D$\$59\,000$