Question 11 1 points Save Answer Examine the opening and closing statements of financial position (SOFP) of Burnley below. Open SOFP as at 1st January Close SOFP as at 31st December E Fixed assets 118500 125600 Current assets 22300 24200 Current liabilities (12800) (13800) Long-term loans (58000) (62000) (74000) Owner's capital account (70000) During the year, Burnley took drawings of 38000. What were the profits of Burnley for the year