For the year ended 31 December 22X5, draw up a profit and loss appropriation account for Martinez, Hall, and Rivera and balance sheet extracts:

Martinez	Hall	Rivera
Net profits	£47,600
Interest to be charged on capitals	£2,900	£2,200
Interest to be charged on drawings	£300	£260
Salaries to be credited		£3,800
Profits to be shared	50%	30%
Current accounts	£2,500	£1,400
Capital accounts	£60,000	£30,000
Drawings	£13,200	£9,500