Carl Coal, trading as Carl Coal Blocks Ltd, ends his financial year on 31 st March. At 1/4/19 he had goods in stock valued at 4,200. During the year to 31/3/20, he purchased goods costing 68,000. The government has decided to change the expected quality of coal and as such Carl has to write off some of his stock as it does not meet the government's requirements. Some of the coal goods which cost 1,800 were still held in stock at 31/3/20 however Carl Coal believes that these cannot be sold. All the goods still held in stock at 31/3/20 (including the write off coal stock) had an original purchase cost of 3,800. Sales forthe year were 88,500. What is the adjusted value of closing stock for the year ending 31/12/20 for Carl Coal Blocks Ltd? What is the gross profit for the year ending 31/03/20