Kate worked out her draft profit for the year as $\$28\,400$. She then found these mistakes. 1. The rent prepaid by Kate had been understated by $\$1000$. 2. The closing inventory had been understated by $\$1500$. What is the correct profit for the year?
- A$\$25\,900$
- B$\$27\,900$
- C$\$28\,900$
- D$\$30\,900$