The financial statements of Cantab Ltd. included the following balance sheet as at 31 May 19_6;

The directors of the company asked their accountant to produce an estimated statement of source and application of funds for the year to 31 May 19_7, and this is shown below:

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Fixed Assets Land and buildings, at cost Plant, at cost 612 000 145 000 Less depreciation Current Assets Stock Debtors Bank Current Liabilities Creditors Taxation Dividend 740 000 467 000 710 000 596 000 39 400 1 345 400 1 207 000 843 000 146 000 150 000 1 139 000 Share Capital Ordinary shares of 1 each, fully paid Share premium account Reserves: profit and loss account 206 400 1 413 400 500 000 50 000 863 400 1 413 400