A business had net assets of 150,000 at 1 January 2020 and 100,000 at 31 December 2020. During 2020, the owner introduced 30,000 and made drawings of 10,000. What was the profit or loss for 2020? Select one: a. 10,000 Your answer is incorrect. b. 50,000 C. (70,000) d. (30,000)