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a company stmt of profit for the year ended 31 december 20×5 showed a net profit of $83,600. it was later found that $18,000 paid for the purchase of a motor van had been debited to the motor expenses account. it is the company’s policy to depreciate motor vans at 25% per year on the straight line basis, with full yrs charge in the year of acquisition. what would the net profit be after adjusting for this error?
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