Net profit for the year was calculated as £2,510. However, shortly afterwards the following errors were found. Calculate the net profit once all the errors have been corrected.

(a) Returns inwards of £240 were treated as returns outwards.

(b) Discounts received of £89 were entered in the accounts as £98.

(c) A purchase of equipment for £3,200 was treated as revenue expenditure.

(d) A return of goods from G Moreton for £64 was entered as a further sale for the same amount.

(e) A bad debt written off for £112 was missed out of the income statement.