A sports club began operating a café, selling hot and cold drinks and confectionery, on 1 January 2024. The following figures are provided for the year ended 31 December 2024: sales $3200$, purchases $1750$, wages paid to the café assistant $500$, inventory at 31 December 2024 $250$. Calculate the profit on the café for the year ended 31 December 2024?
- A$700
- B$950
- C$1200
- D$1450