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Kales Plumbing Services provided with the following information for the financial year ended 28 February 20.1. R Services rendered..... 950 000 Salaries.. 420 000 Wages....

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Kales Plumbing Services provided with the following information for the financial year ended 28 February 20.1. R Services rendered..... 950 000 Salaries.. 420 000 Wages.... 60 000 Telephone............ 5 000 Water and electricity.. 3 000 Stationery.... 2000 Interest income.. 1 000 Insurance.. 8 000 The profit/lossfor the year of Kales Plumbing Services for the year ended 28 February 20.1 is ... A. Profit for the year = R363 000 . B. Profit for the year = R453 000 . C. Profit for the year = R452 000 . D. Loss for the year = R(362 000) E. Loss for the year = R(1 291 000)

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