apply profits method of valuation RICS for this:Jennifer Wong$$s accounts $($abbreviated$)$ show the business turnover and main

expense headings over the last $3$ full years $($year to$)$ noting that the December

$2021$ figures were influenced by the COVID$-19$ pandemic. The December

$2019$ annual figures showed the same sort of picture as for the year ending

December $2023$:

Item Dec $2021$ Dec $2022$ Dec $2023$

Turnover $78,000142,000154,000$

Purchases $16,00025,00031,000$

Working Expenses $16,00030,00039,000$

Mortgage Payments $7,2007,40010,600$

Property upkeep $3,5004,0008,000$ She has paid herself an annual salary of $24,000.$ During the last year, the

profits have slipped slightly due to a bout of ill health during the year. She has

invested $15,000$ in stock, $6,000$ in working capital, and $30,000$ in fittings

and fixtures. The rate of interest on her capital investment is $20\%.$