Draft financial statements drawn up at the end of the first year of trading indicate: - draft profit for the year of $24\,000 - trade receivables of $6300. An amount of $200 is to be written off as irrecoverable. A provision for doubtful debts is to be established at $1\%$ of the trade receivables remaining. What will the revised profit for the year be?
- A$23\,737
- B$23\,739
- C$23\,800
- D$23\,939