A bookkeeper with little experience worked out a draft profit for the year ended 31 December 2015 of $578500. He had omitted the following items: Provision for doubtful debts: $12800 on 1 January 2015 and $11300 on 31 December 2015. Provision for depreciation: $95000 on 1 January 2015 and $126200 on 31 December 2015. What was the adjusted profit for the year?
- A$441000
- B$463600
- C$545800
- D$548800