Use the following information to answer the question
Le | |
Capital (01/01/2020) |
1,934,600 |
Capital (31/12/2020) |
2,530,000 |
Expenses | 3 45,900 |
Drawings for 2020 |
72,500 |
Additional capital for 2020 |
250,000 |
The gross profit for the year is
Le 763,800
Le 595,400
Le 417,900
Le 167,900
Correct answer is C
No explanation has been provided for this answer.
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