Peter Smart used to wash cars in the back yard of his home. He set up a car cleaning business and rented premises, hired 2 staff and moved personal equipment to his business premises where a small office was available. He kept very basic records and after 3 months provided you with the following balances at 1 April 2022: Account balances at 1 April 2022 R Bank balance 23 000 Equipment 41 000

Consumables on hand 5 200 Creditors 3 700 Capital ?? Show workings to calculate the Capital at 1 April 2022.