*19.10 Susan made the following purchases of ordinary shares in Semicircle plc:

Date No of shares Cost

£

11 January 2002 1,500 4,800 20 January 2007 1,140 5,700 In January 2010, the company went into liquidation and Susan received a first distribution of £2 per share. The market value of an ordinary share in Semicircle plc just after this distribution was £1. Compute the allowable loss arising in January 2010.