Realia Ltd knows that if it had bought its opening stock at mid-year prices, it would have cost £33,000, and the closing stock at mid-year prices would have cost £32,000. Finally, it also knows that the cost of its fixed assets at mid-year prices would have been £250,000. Use these figures to redraft the profit and loss account for Realia Ltd. When you have done that, compare it with the original historical cost statement. Which gives the more true and fair view?