31.12.09 Creditors Taxation 40,000 51,000 Proposed dividends 78,000 68,000 Debenture interest 40,000 40,000 Ordinary shares 75,000 32,000 Share premium 24,000 24,000 General reserve (ex P&L account) 34,000 48,000 Profit and loss reserve 141,000 115,700 You are required to calculate the net profit before interest and taxation for the year ended 31 December 2009.