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
No explanation has been provided for this answer.