Unilever	Year Ended 31 December 2020
Vehicle running costs	£1,250
Closing inventory	£4,000
Rent payable	£6,200
Motor vans – cost less depreciation	£7,100
Annual depreciation – motor vans	£1,750
Heating and lighting	£960
Postal expenses	£510
Sales turnover	£98,000
Purchase costs	£67,200
Insurance expense	£780
Loan interest payable	£610
Bank account balance	£4,700
Employee wages	£10,300
Opening inventory	£4,200

Prepare a profit and loss account for the year ended 31 December 2020, and calculate the gross profit and net earnings.