After the accountant of Seagal Plastics Co had prepared the financial statements for the year ended 31 December Year 8, the following errors came to light: 1. Rent paid of 2,000 was treated as rent received. 2. A depreciation charge of 4,000 should have been 5,000 3. An outstanding amount of 1,500 for stationery purchased towards the end of the year had not been taken into account. 4. A bad debt of 10,000 had been deducted from the sales revenue figure rather than treated as an expense. The profit for the year before these errors were discovered was 85,000. What is the profit for the year after adjusting for these errors? O A. 78,500 O B. 80,500 O C. 80,000 OD. 68,500