Wesley began trading on 1 September 2019, preparing accounts to 31 August each year.

His adjusted trading profits for the first eight accounting periods are as follows:

Adjusted trading profit

£

year to 31 August 2020 17,280 year to 31 August 2021 18,420 year to 31 August 2022 21,600 year to 31 August 2023 29,040 year to 31 August 2024 34,080 year to 31 August 2025 37,800 year to 31 August 2026 41,640 year to 31 August 2027 44,520 Compute Wesley's trading income for the first eight tax years in which his profits are charged to income tax, assuming that he makes no elections with regard to the transition profit (if any) which arises in tax year 2023-24. Any necessary apportionments should be made a monthly basis.

Also reconcile the total adjusted profits for the first eight accounting periods to the total trading income for the first eight tax years.