On 1 February 20*7 the net assets of Becky’s business were £83,000. During the year ended 31 January 20*8 she withdrew £18,000 for her private use. She also paid into the business bank account a premium bond win of £20,000. At 31 January 20*8 the net assets of Becky’s business amounted to £79,000.

Required

Calculate the profit or loss made by Becky’s business for the year ended 31 January 20*8.