BetaTech Corp has a trading profit for the year ended 31 December 2023, before dealing with the following items, of $75,000. You are to complete the profit and loss account and appropriation account.

Item	Details
a	The standard rate of income tax is 30%.
b	BetaTech Corp had $55,000 of 10% debentures. It sent cheques for debenture interest for the year less income tax, on 31 December 2023.
c	BetaTech Corp had bought $20,000 of 11% debentures in another company. It received a year's interest, less income tax, on 30 December 2023.
d	No cheque has been paid to the Inland Revenue for income tax.
e	BetaTech Corp had bought 25,000 ordinary shares of $1 each in GammaTech Ltd. GammaTech Ltd paid a dividend to BetaTech Corp of 18% on 30 November 2023. GammaTech Ltd is a 'related company'.
f	BetaTech Corp had a liability for corporation tax, based on profits for 2023, of $35,000.
g	BetaTech Corp proposed a dividend of 28% on its 80,000 ordinary shares of $1 each, out of the profits for 2023.
h	Transfer $6,000 to general reserve.
i	Unappropriated profits brought forward from last year amounted to $11,000.

Requirement: Complete the profit and loss account and appropriation account for BetaTech Corp and prepare a summary of dividends declared.