Talpur has prepared a draft income statement for his business for the year ended 31 January 2015 that shows a profit for the year of $42,910. He then discovers the following errors:

a. The sales journal had been undercast by $350.

b. Repairs to a motor vehicle of $520 had been completely omitted from the records.

c. Rent paid of $1800 had been incorrectly posted to the light and heat account.

d. A purchases credit note of $845 had been completely omitted from the records.

e. Closing inventory had been overstated by $500.

f. A sales invoice of $2300 for Johns had been incorrectly posted to the account of Johnson.

Required

Calculate the amended profit for the year. Show clearly whether each adjustment increases the profit, decreases the profit or has no effect on the profit.