Jack Ltd is a car retailer. On 1 April 2020, Jack Ltd sold a car to Kent on the following terms: The selling price of the car was 25,300. Kent paid 12,650 (half of the cost) on 1 April 2020 and would pay the remaining 12,650 on 31 March 2022 (two years after the sale). Jack Ltd's cost of capital is 10% per annum. What is the total amount which Jack Ltd should credit to profit or loss in respect of this transaction in the year ended 31 March 2021