For the year ended 31 December 22X0, draw up a profit and loss appropriation account for Clark, Lewis, and Walker and balance sheet extracts using the following information:

Clark	Lewis	Walker
Net profits	£40,800
Interest to be charged on capitals	£2,600	£1,900
Interest to be charged on drawings	£280	£240
Salaries to be credited		£3,700
Profits to be shared	50%	35%
Current accounts	£2,400	£1,300
Capital accounts	£55,000	£28,000
Drawings	£12,500	£8,600