Question 17 (1 point) After the accountant of Carp Ltd had prepared the draft financial statements for the year ended 31 December 2019, the following errors came to light: 1. Rent paid of 1,200 had been incorrectly recorded as rent received 2. An expense for heating had been adjusted for a prepayment of 500 rather than an accrual of 500 3. Distribution costs of 3,000 had been incorrectly included in cost of sales rather than treated as an operating expense 4. A motor van purchased for 4,000 during the year has been charged to motor vehicle running expenses. The motor van should be charged with depreciation at the rate of 20% of cost. The profit for the year before these errors was discovered was 35,000. What was the profit for the year after adjusting for these errors