The following data has been extracted from the books of ABC Company Ltd 31/12/2018:

1. Sales ...........................................100,000
2. Stock 31/12/2018.....................40.000
3. Purchases ....................................50.000
4. Stock 01/01/2018......................30.000
5. Discount Allowed........................5.000
6. Discount Received ......................4.000

Requirement: Calculate the Gross Profit or Prepare the Trading Account.