A business’s statement of comprehensive income for the year ended 31 December 2009 showed a profit of $83 600.

It was later found that $13 500 was paid for the purchase of a motor van that had been debited to the motor expenses account. What would the profit be after adjusting for this error?

a. $106 100

b. $70 100

c. $97 100

d. $101 600 ACCA adapted LO1.