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Bogen Lt prepared dra fancial statements for the most recent year, which reported a profit for the year of 60,000. A subsequent check of the

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Bogen Lt prepared dra fancial statements for the most recent year, which reported a profit for the year of 60,000. A subsequent check of the financial statements found the following erron 1. Directors' salaries of 55,000 had been treated as rent payable 2. Routine repairs to a machine for 4,000 had been added to the cost of the machine and had been depreciated at the rate of 25 per cent on bon 3. Adividend paid of C10,000 had been reported as a dividend paid of 1,000 Abad debt of 5,000 had not been recognised The company at corporation tax of 20 per cent on reported profits before ta Required: What will be the profit for the year wher the above errors have been corrected? (Type an integer)

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