For T Limited, the information below is provided. At 30 June 2018: retained earnings $94000, general reserve $50000, accrued loan interest $3000. At 30 June 2019: retained earnings $148000, general reserve $65000, accrued loan interest $1000. Over the year ended 30 June 2019, T Limited paid the following amounts: dividend $60000, loan interest $27000. Calculate the profit from operations for the year ended 30 June 2019?
- A$104000
- B$114000
- C$129000
- D$154000