Below are excerpts from the work sheets of two businesses as at March $31,2023.$ Those rows that calculate totals are at the bottom the last two sets of columns.

$($a$)$

$\backslash$table$[[$Income Statement,$\backslash$table$[[$Balance Sheet and Statement of$],[$Changes in Equity$]]],[$Debit$,$Credit,Debit,Credit$],[263,700,300,500,357,300,320,500],[36,800,,,36,800],[300,500,300,500,357,300,357,300]]$

$*$The adjusted balances in withdrawals and capital were $$17,000$ and $$63,000,$ respectively.

$($b$)$

$\backslash$table$[[$Income$,$Statement,$\backslash$table$[[$Balance Sheet and Statement of$],[$Changes$]]],[$Debit$,$Credit,Debit,Credit,$],[540,000,480,000,945,000,1,005,000,],[,60,000,60,{000}_{?},{?}_{?},],[540,{000}_{?},540,{000}_{?},1,005,{000}_{{?}_{?}},1,005,{000}_{{?}_{?}},]]$

$*$The adjusted balances in withdrawals and capital were $$0$ and $$114,000,$ respectively.

Required:

Do the following for each business:

Identify the profit or loss for the year ended March $31,2023.$

$\backslash$table$[[($a$),,],[($b$),,]]$