Based on the following data, create a profit and loss appropriation account and balance sheet extracts for Allen, Nelson, and King for the year ended 31 December 20Z1:

• Net profits: £39,000
• Interest to be charged on capitals: Allen £2,200; Nelson £1,500; King £1,300
• Interest to be charged on drawings: Allen £260; Nelson £180; King £140
• Salaries to be credited: Nelson £2,800; King £3,500
• Profits to be shared: Allen 50%; Nelson 30%; King 20%
• Current accounts: Allen £2,000; Nelson £1,100; King £900
• Capital accounts: Allen £45,000; Nelson £28,000; King £25,000
• Drawings: Allen £11,500; Nelson £8,200; King £8,000