2. Hendry Ltd operned hin new business on 1 Jaruary 2022. Oel that date, the conly asset was a bank balance of E11.000. During the yoar, Hendry's drawings from the business totailed f36.000. On 31 Becomber 202?. the assets and Habilities of the business were as followe: Computers and fumiture E61,000; inventory of raw materials E17, 500; finished goods; at cont e.8,400; bank overdraft 12,600; trade payables E6,500; prepayments C2,500; trade recolvables ES, 600 ; the provision for bad dobts 53,000 ; bank loan f.40,000; interest payable E.1,500; accrued expenses f3, 600, What is the profit of the business in the year ended 31 December 2022? Select one answer: 52,700 E88,700 E6,700 541,700