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Umthombo, a water purification business has a 28 February 2023 year end. It made sales of R304 000, Depreciation of R36 200, Advertising of R2

Umthombo, a water purification business has a 28 February 2023 year end. It made sales of R304 000, Depreciation of R36 200, Advertising of R2 500 and salaries and wages of R53 000. Calculate the profit for the year ended 28 February 2023. 1. R312 400 2. R230 200 3. R150 200 4. R212 300

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