A summary of the following transactions appear in the current account of the balance payment of a hypothetical European country Details Dr '000 Cr '000 5,000 200 1,000 Exported goods Exported services Incomes from abroad Imported goods Imported services Transfers to foreign countries Total 4,000 1,000 550 5,550 6,200 Required: (1) Compute, if any surplus or deficits balance on the balance of payment account (3Marks)