Paul worked out his profit for the year as $\$40\,000$. He later found these errors: • The expenses included rates prepaid, $\$1000$, for the next year. • Electricity owed of $\$600$ had been left out. • Sales returns worth $\$10\,000$ were not recorded. What was the correct profit for the year?
- A$\$28\,400$
- B$\$30\,400$
- C$\$49\,600$
- D$\$51\,600$