The directors of the company by which you are employed as an accountant have received the forecast statement of profit or loss for 2016 which disclosed a net profit for the year of £36,000.

This is considered to be an unacceptably low figure and a working party has been set up to investigate ways and means of improving the forecast profit.

The following suggestions have been put forward by various members of the working party:

(a) 'Every six months we deduct income tax of £10,000 from the loan note interest and pay it over to the HM Revenue & Customs. If we withhold these payments, the company's profit will be increased considerably.'

(b) 'I see that in the three months August to October 2016 we have forecast a total amount of £40,000 for repainting the exterior of the company's premises. If, instead, we charge this amount as capital expenditure, the company's profit will be increased by £40,000.'

(c) 'In November 2016, the replacement of a machine is forecast. The proceeds from the sale of the old machinery should be credited to profit and loss account.'

(d) 'There is a credit balance of £86,000 on general reserve account. We can transfer some of this to the statement of profit or loss to increase the 2016 profit.'

(e) 'The company's £1 ordinary shares, which were originally issued at £1 per share, currently have a market value of £1.60 per share and this price is likely to be maintained. We can credit the surplus £0.60 per share to the 2016 profit and loss account.'

(f) 'The company's premises were bought many years ago for £68,000, but following the rise in property values, they are now worth at least £300,000. This enhancement in value can be utilized to increase the 2016 profit.'

You are required:

As the accounting member of the working party, to comment on the feasibility of each of the above suggestions for increasing the 2016 forecast profit.