Shisham Limited is a company which trades as a manufacturer of juices. The company's statement of profit or loss for the year ended 31 March 2021 is as follows: Gross profit 432,000 Other income Profit on disposal of office building (note 1) 45,000 Bank interest (note 2) 6,800 Expenses Depreciation 48,740 Professional fees (note 3) 21,870 Repairs and renewals (note 4) 28,990 Other expenses (note 5) 24,300 -123,900 Finance costs Interest payable (note 6) Profit before taxation -24,740 335,160