A net loss for the year was calculated as £130. However, shortly afterwards the following errors were found. Calculate the net profit (or loss) once all the errors have been corrected.

(a) Wages were overcast by £235.

(b) Stock taken by the owner of the business for private use valued at £76 was not recorded.

(c) A sale of a vehicle previously in use within the business for £750 was treated as a sale of stock.

(d) Motor expenses of £39 were omitted from the accounts.

(e) Rent received of £40 was treated as a sale.