Using the information below, prepare a profit and loss appropriation account and balance sheet extracts for Wilson, Clark, and Lewis for the year ended 31 December 20Y4:

• Net profits: £36,800
• Interest to be charged on capitals: Wilson £2,300; Clark £1,600; Lewis £1,200
• Interest to be charged on drawings: Wilson £240; Clark £180; Lewis £150
• Salaries to be credited: Clark £2,900; Lewis £3,400
• Profits to be shared: Wilson 55%; Clark 25%; Lewis 20%
• Current accounts: Wilson £2,150; Clark £1,050; Lewis £850
• Capital accounts: Wilson £50,000; Clark £27,000; Lewis £23,000

Drawings: Wilson £11,500; Clark £8,300; Lewis £7,600