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B. Beach Pty Ltd has Revenue of $796,000, Expenses of $327,000, Depreciation Exp $42,000, Finance Cost $34,000 and a Tax Rate of 30%. What is

B. Beach Pty Ltd has Revenue of $796,000, Expenses of $327,000, Depreciation Exp $42,000, Finance Cost $34,000 and a Tax Rate of 30%. What is the profit for the year for this company? (2 correct formula, 6 Marks for correct workings and 2 Marks for correct answer to equal a total of 10 Marks)

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