Use the following information to answer the questions

The transactions of All Girls' Social Club for the year 2021 are as follows:

Bar sales D 30,000; Bar purchases D 17,000 and Rent D 1,200
 

31st December	2020	2021
	D	D
Stock at bar	1400	1600
Owing for bar supplies	6500	7300

The net profit on the bar to be transferred to the income an expenditure account for the year ended 31st December 2021 is