Kymorn's new policy increases a provision. Provision amounts under the old and new policy: 90,000 and 112,000 at 1 January 2024, 95,000 and 124,000 at 31 December 2024. Kymorn presents 2025 and 2024 (tax effect ignored). What decreases should be used for opening equity and for 2024 profit?
- Provision at 1 January 2024 (old policy)
- 90,000
- Provision at 1 January 2024 (new policy)
- 112,000
- Provision at 31 December 2024 (old policy)
- 95,000
- Provision at 31 December 2024 (new policy)
- 124,000