4.4 Pookie’s business involves telephone sales, so her business telephone bills are high. Her accounting year ends on 31 August, and in the year ended 31 August 20X2 she has received bills for telephone charges as follows:

Date received Date paid Period covered Amount £

9 October 20X1 15 October 20X1 1.7.X1 – 30.9.X1 9,760 5 January 20X2 15 January 20X2 1.10.X1 – 31.12.X1 12,666 6 April 20X2 14 April 20X2 1.1.X2 – 31.3.X2 8,444 8 July 20X2 12 July 20X2 1.4.X2 – 30.6.X2 9,530 Pookie estimates that her telephone charges for July and August will be 2/12 of the total of the charges for the 12 months ended 30 June 20X2.

What is the telephone expense for inclusion in Pookie’s statement of profit or loss for the year ended 31 August 20X2? (Work to the nearest pound.)

a) £40,400

b) £40,626

c) £47,133

d) £33,667