Use the following information to answer the question
Le | |
Capital (01/01/2020) |
1,934,600 |
Capital (31/12/2020) | 2,530,000 |
Expenses |
346,900 |
Drawings for 2020 | 72,500 |
Additional capital for 2020 | 250,000 |
The net profit for 2020 is
Le 522,900
Le 417,900
Le 595,400
Le 72,000
Correct answer is B
No explanation has been provided for this answer.