64.The Trail Balance of BSAF ltd is provided to you and you are required to answer the questions ACCOUNT DEBIT CREDIT SALES 150,000 PURCHASES 97,500 CARRIAGE INWARDS 1,680 CARRIAGE OUTWARDS 1,344 SALARIES AND WAGES 4,515 RENT 33,900 HEAT & LIGHT 1,320 SUNDRY EXPENSES 3,645 Opening INVENTORY 6,860 DEBTORS 31,500 DIVIDEND PAID 15,000 CREDITORS 28,350 CASH IN HAND 368 CASH AT BANK 87 SHARE CAPITAL 5,695 RESERVES 13,500 Total 197,632 197,632 Closing inventory has been counted and is valued at $8,232. Required: What is the gross profit for the year?Required to answer. Single choice.

(2 Points)

50,512

52,192

52,000

none of above

53,872