AJL Limited is a construction company that started business at the end of $2022$ by issuing $15$ million of $1$ shares. At the same time, the company took a loan of $6\mathrm{.}5$ million $(2\mathrm{.}5$ million for plant, cars and furniture purchases and $4$ million for head office building$).$ The loan is to be paid back in equal annual instalments within $10$ years. During the year, AJL won several contracts, all of which are long term $($over one year long$).$ The following table presents the companys performance on these projects up to the end of the year $2023.$ Total for all Contracts $$ Million Value $49\mathrm{.}0$Cost $43\mathrm{.}0$Certified by client $38\mathrm{.}0$Cash received $36\mathrm{.}0$Cash paid $28\mathrm{.}0$ Assumptions: $9\%$ interest rate is applied for the loan. Plant, furniture and cars are to be depreciated over $5$ years and the building over $50$ years. Overheads are $250,000.$ Corporation tax to be paid is $25\%$ of profit after interest. Dividends to be paid are $5$p per share.