Madam Pearl Lucy (Lucy) bought a semi-detached house (property) in 2014 and had it rented out since then . On 1 January 2018 a new tenant moved in . Lucy has furnished the following statement of rental income for the year ended 31 december 2018 .

Statement of rental income for the period 1 January 2018-31 December 2018
	RM	RM
Gross rental received	36,000
Refundable rental deposit from new tenant	3,000	39,000
Less : expenses
Quit rent	330
assessment	780
Fire insurance premium on building	1,350
Replacement of damaged bathroom door	640
Replacement of the old air conditioner	1,800
Extension of storage space to kitchen	3,000
Interest on loan	14,000	21,900
Net rent		17,100

Lucy has provided the following additional information :

1. Quit rent RM330 included RM 30.00 being amount short paid for the previous year .
2. Lucy obtained a bank loan to purchase the property in 2014. In 2018 , another bank , MBIC offered a much lower interest rate . The balance of the old was RM130,000 at the end of 2017 . Lucy then transferred her finance to MBIC which approved a non-revolving loan of RM175,000 . She used the balance of RM45,000 as working capital for her business . For the year ended 31 december 2018 , she paid an interest of RM14,000 and claimed this against her rental income .

Required :

Compute the adjusted rental income of madam Pearl Lucy from the property for the year of assessment 2018 .

Notes:

1. Round the figures to the nearest RM1.00
2. Show all workings and adjustments and indicate with the word NIL where no adjustment was required for any item of income or expenditure.
3. The interest adjustment should be worked on the annual balance .