Prepare a profit and loss appropriation account and balance sheet extracts for Johnson, Harris, and King for the year ended 31 December 23X2 based on the following:

Item	Johnson	Harris	King
Net profits	£48,300
Interest to be charged on capitals	£2,900	£2,100	£1,800
Interest to be charged on drawings	£300	£260	£240
Salaries to be credited		£3,700	£4,200
Profits to be shared	50%	30%	20%
Current accounts	£2,500	£1,400	£1,200
Capital accounts	£60,000	£30,000	£28,000
Drawings	£13,000	£9,500	£10,200