The following information is presented for Sellagole Catering, a business in providing luxury catering services to the areas around the Dr Ruth Segomotsi $".$

These are the balances when they commenced a simultaneous liquidation of the partnership:

Time left $1$:$50$:

EXTRACT OF BALANCES

$\backslash$table$[[,$R$],[$Trade payables,$53,900],[$Trade recelvables,$87,300],[$Catering equipment $($cost$),189,000],[$Vehicles $($at cost$),180,000],[$Caterng equipment $($accumulated depreciation$),123,979],[$Vehicles $($accumulated depreciation$),67,500],[$Bulding $($at cost$),250,000]]$

The following transactions took place as part of the liquidation:

Debtors were offered a $5$ t settlement discoun. Only $94$$ of the debtors settled their balanoes and the remainder of the debtors book was sold to a debt agenci at $65$ siscount.

The crediters were all settled at a settiement discount of $118$

The vehicle and the bullding were auctioned off for $R112000$ and $R283300$ respectively

The catering equipment was sold to another local catering company for R$55000.$

Which one of the following alternatives represents the correct net profit $($or loss$)$ made on the simultaneous liquidation of Setlagole Catering? Yout answer must be rounded off to the newest rand.