Once her income statement had been prepared, Emma found the following mistakes. A debt of $1500 ought to have been written off as irrecoverable. No adjustment had been recorded for Emma’s prepaid rent of $2800. The draft profit for the year came to $35. What was the corrected profit for the year?
- A$30\,700
- B$33\,700
- C$36\,300
- D$39\,300