Use the following information to answer the question below
(begin{array}{c|c}
& 1/7/10 & 30/6/11 \
& D & D \
hline
text{Stock} & 1,460 & 4,200 \
hline
text{Motor Car} & 3,600 & 3,200 \
hline
text{Creditors} & 600 & 700
end{array})
Drawings during the year amounted to D1,500.
Net profit for the year is
(begin{array}{c|c}
& 1/7/10 & 30/6/11 \
& D & D \
hline
text{Stock} & 1,460 & 4,200 \
hline
text{Motor Car} & 3,600 & 3,200 \
hline
text{Creditors} & 600 & 700
end{array})
Drawings during the year amounted to D1,500.
Net profit for the year is
-
A.
D12,260 -
B.
D3,740 -
C.
D2,440 -
D.
D2,040