Ossie does not keep full accounting records. The last accounts drawn up show that this capital balance was $51,980. At the year end he calculated that his assets and liabilities at 30 June 20x0 were:$Non-current assets51,300Inventory7,770Receivables5,565Payables3,994Bank overdraft3,537On reviewing his calculations, you note that there were no entries made in relation to rent for June 20x0 because the rent for June 20x0 was paid on 1 July 20x0. Rent is $500 per month.What is the value of Ossie’s closing capital