Question
A club received an income of ₹7,643 from membership fees and ₹2,198 from selling old sports equipment during the year. At the start of the year, ₹1,105 in membership fees was outstanding, and at the end of the year, ₹916 was still outstanding. If the club incurred expenditures of ₹5,287 on sports material and ₹3,120 on maintenance, what is the club's surplus or deficit for the year?
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