Designer Traders obtained an unsecured loan for an amount of R201 700 at the beginning of the current financial year from ATM Bank at an interest rate of 16% per annum. 50% of the loan was repaid on 1 March 2019 and the remainder needs to be repaid on 1 March 2020. The interest is not capitalised but paid to the bank on the day loan is repaid. Designer Traders current financial period ends on 31 May 2019 and according to the extract from pre-adjustment trial balance as at 31 May 2019, interest on loan amounted to R24 204.

The amount for interest payable to be shown in the statement of financial position for the year ended 31 May 2019 will be ...?