S & T Suppliers	Year Ended 30 September 2017
Motor vehicle running expenses	£1,550
Closing inventories	£4,000
Rent payable	£6,400
Motor vans – cost less depreciation	£7,500
Annual depreciation – motor vans	£1,900
Heat and light	£1,030
Telephone and postage	£580
Sales revenue	£104,000
Goods purchased	£70,500
Insurance	£810
Loan interest payable	£670
Balance at bank	£5,100
Salaries and wages	£11,100
Opening inventories	£4,500

Prepare a financial performance statement for the year ended 30 September 2017, focusing on the breakdown of operating expenses and net income.