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...
Question 1 Report
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
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