2. F Lee started in business on 1 January 2019 with $35,000 in a bank account. Unfortunately he did not keep proper books of accounts. He must submit a calculation of profit for the year ending 31 December 2019 to the Inspector of Taxes. At 31 December 2019 he had inventory valued at cost $6,200, a van which had cost $6,400 during the year and which had depreciated during the year by $1,600, accounts receivable of $15,200, expenses prepare of $310, a bank balance of $33,490, a cash balance of $270, trade payables $7,100 and expenses owing of $640. Prawings =(400500)+870 During the year, his drawings were: cash $400 per week for 50 weeks; Cheque payments $870. Additional capital introduced was $8,400. Draw up Statements to show the profit or loss for the year