Calculate the interest on Capital of T at the rate of 5% p.a. taking into consideration the following Balance Sheet of S and T BALANCE SHEET as at 31" March 2010 Liabilities $ $ Assets S's Capital 21,000 Sundry Assets 50,000 T's Capital 22,000 Profit & Loss Appropriation A/c 7,000 (for the year 2009-10) 50,000 50,000 During the year the drawings of T were $ 4,000 and Profits for the year 2009-10 were $ 12,000.