357 others answered this question

Question 2Note 4

Softapp Ltd is a software developer. The company’s summarised statement of profit or loss for the year ended 31 March 2013 is as follows:
Note £
Operating profit 1 & 2 519,300
Other income
Income from property 3 36,700
Loan interest receivable 4 8,100
Profit on disposal of shares 5 64,900
Finance costs
Interest payable 6 (67,200)
Profit before taxation
561,800

Note 4 – Loan interest receivable
The loan was made for non-trading purposes on 1 July 2012. Loan interest of £5,600 was received on 31 December 2012, and interest of £2,500 was accrued at 31 March 2013.

Required:
What is the loan interest receivable for the year ended 31/03/2013?