Trial-balance for an organisation and determine the Net Profit

figure. The following figures have been provided. Short-term loans

payable $25,000, prepaid expenses $17,000, inventory $85,000, long-term

loan payable $42,000, equipment $60,000, paid in capital $35,000, PAYG

tax withheld $15,000, Accounts Receivable $185,000, Goodwill $15,000,

Cash $60,000, Retained Earnings $50,000, Accounts Payable $15,000,

Depreciation $95,000, Expenses payable $20,000 and Capital Stock $15,000.