The income statement for the year ended 31 March 2020 and the balance sheet as at 31 March 2020 based on the following information:

Accounts RM Cash 31,000 Accounts Receivable 76,000 Supplies 9,500 Office Equipment 12,000 Accumulated Depreciation 3,600 Accounts Payable 24,000 Salaries Payable 16,000 Capital 71,220 Drawings 13,000 Service Revenue 95,400 Interest Income 11,500 Salaries Expense 39,700 Supplies Expense 4,200 Depreciation Expense 1,200 Rental Expense 35,000 Miscellaneous Expense 120