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3. (2 marks) At 1st July 2020, Theatre Productions had assets and liabilities worth $14,000 and $7,000 respectively. At 30th June 2021, the assets and

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3. (2 marks) At 1st July 2020, Theatre Productions had assets and liabilities worth $14,000 and $7,000 respectively. At 30th June 2021, the assets and liabilities of the Company were $17,000 and $12,000 respectively. If the owner of Theatre Productions had withdrawn $4,000 during the financial year, he made a of (input a positive number) for the year ended 30 June 2021

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