Based on the data provided, create a profit and loss appropriation account for King, Perez, and Brown for the year ended 31 December 20Y6, along with balance sheet extracts:

• Net profits: £55,700
• Interest to be charged on capitals: King £3,000; Perez £2,000; Brown £1,700
• Interest to be charged on drawings: King £320; Perez £260; Brown £210
• Salaries to be credited: Perez £4,000; Brown £4,500
• Profits to be shared: King 60%; Perez 25%; Brown 15%
• Current accounts: King £3,000; Perez £1,800; Brown £1,500
• Capital accounts: King £70,000; Perez £35,000; Brown £25,000
• Drawings: King £15,000; Perez £10,000; Brown £8,500