Assume the following accounting data for firm ABC (Amounts in Euros):

SALES	15,000
COST OF GOOD SOLD	6,500
RECEIVABLES	5,200
CONTRIBUTED CAPITAL	22,000
EQUIPMENT	15,200
INSURANCE PAYABLE	1,500
EXPENSES FOR ADVERTISMENT	2,200
PREPAID EXPENSES	150
MANAGERIAL EXPENSES	1,250
DEPRECIATION CHARGE	600
CASH AND CASH EQUIVELANT	250
OTHER OPERATING EXPENSES	1,060