At year end $31$st December $2024$ Pecan Enterprise has profit before tax of $$120,000$ after charging Depreciation of $250,000.$ If the Gross interest receivable at $31$st December $2023$ was $$65,000$ and $31$st December $2024$ was $$104,000.$ The interest payable at $31$st December $2023$ was $$18,000$ and at $31$st December $2024$ was $$86,000.$ What is the taxable profit or loss as at December $31$st $2024?$

Question $3$Answer

A$.$

Taxable profit of $$477,000$

B$.$

Taxable profit of $$399,000$

C$.$

Loss of $$237,000$

D$.$

Taxable profit of $$263,000$