The profit earned by an enterprise in 20X1 was i72,500. The owner injected new capital of i8,000 during the year and withdrew goods for his private use that had cost i2,200. If net assets at the beginning of 20X1 were €101,700, what were the closing net assets?

(a) i35,000.

(b) i39,400.

(c) i168,400.

(d) i180,000.