Illustration: The Profit and Loss Account of Cardamom for the year ended 31st December, 2005 showed a net profit of Rs. 2,400 after taking into account the closing stock of Rs. 2,400. On a scrutiny of the books the following information could be obtained: (1) Cardamom has taken goods valued Rs. 800 for his personal use without making entry in the books. (2) Purchases of the year included Rs. 400 spent on acquisition of a ceiling fan for his shop. (3) Invoices for goods amounting to Rs.2600 have been entered on 29th December, but such goods were not included in 37 stock. (4) Rs. 350 have been included in closing stock in respect of goods purchased and invoiced on 28th December, 2005 but included in purchases for January 2006. (5) Sale of goods amounting to Rs. 405 sold and delivered in December, 2005 had been entered in January, 2006 sales. You are required to ascertain the correct amount of closing stock as on 31st December, 2005 and the adjusted net profit for the year ended on that date