Raj tells you that his capital on 31st December, 2003 is Rs.18,700 and his capital on 1st January, 2003 was Rs.19,200. He further informs you that during the year he gave a loan of Rs.3,500 to his brother on private account and withdrew Rs.300 p.m. for personal Purposes. He also used a flat for his personal purpose, the rent of which @ Rs.100 per month and electricity charges at an average rate of Rs.10 per month were paid from the business account. During the year he sold his 7% Government Bonds of Rs.2,000 at 2% Premium and brought that money into the business. You are required to prepare a Statement of Profit or Loss for the year ended 31st December, 2003.