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BC company began trading on 1 January 2018, preparing accounts to 31 December each year. As at 31 December 2019, the company adopted a new

BC company began trading on 1 January 2018, preparing accounts to 31 December each year. As at 31 December 2019, the company adopted a new accounting policy with regard to the measurement of inventories. If the new policy had been applied in previous year, the company's inventory at 31 December 2018 should be $90,000 higher than the amount originally calculated. As, the inventory at 31 December 2019 should be $140,000 higher than the amount originally calculated.

Before accounting retrospectively for the change in accounting policy, the net profit for the year 2018 was $1,900,000 and the net profit for the year 2019 was $2,100,000. No taxes were paid in any year.

- What is the net profit for the year 2019 after change the accounting policy?

$

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