A business worked out its draft profit for the year to be $15000. It was then found that: (1) General expenses had been under-recorded by $600. (2) The sales journal total of $55690 had been posted into the sales account as $56590. (3) Repairs to vehicles costing $1100 had been entered in the vehicles (at cost) account. (4) The salaries account included travelling expenses of $2400 that had been paid to the salesmen. What should the correct profit for the year be?
- A$12400
- B$13600
- C$14200
- D$14800