For the year ending $31$ March $2021$, Nula gave the information below. Drawings in the year $\$3900$, net assets on $1$ April $2020$ $\$60500$, net assets on $31$ March $2021$ $\$72275$. What was the profit or loss for the year ending $31$ March $2021$?
- A$7875 loss
- B$7875 profit
- C$15675 loss
- D$15675 profit