Capital balances b/d:.....P.............N20,000
..........................K.............N10,000
Drawings:.................P.............N2, 000
..........................K.............N1,000
Share of profits:.........K.............N4,000
..........................K.............N2,000
Salary....................P.............N1,000
Interest on drawings:.....K.............N100
..........................K.............N20

Assuming that the partnership maintains a fixed capital, what is P's closing capital?

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