02. A winding up order has been issued Mallingumu pic. The following information is obtained with regard to the assets and liabilities as on 30 June 2006. Tsha (m] Freehold premises (book value Tahs 450,000m/=) value at 375.000 First mortgage of Freehold Premises 300.000 Second mortgage of Freehold premise's 112.500 8% debentures carrying a floating change on the undertaking, interest due 1at September, and 1st April, and paid on due dates 150,000 Managing Director's emoluments (6 months) 22.500 Staff salary unpaid (one Month] 16.050 Trade debtors - Good 31,500 Doubtful (Estimated to realize 50%%) 12 900 Blad 72.750 Plant and machinery (carrying amount Tahs 247,500m/=) estimated to realize 174.000 Blank overdraft - unsecured 58,125 Cash in hand 825 Stock (at cost Tahs 50 850) estimated to realize 33.900 Issued Capital: Equity Shares of Tehs 10/s each fuly caled up 150.000 Cals in arrears, Taha 3,000m/ = estimated to realize 1.500 Unsecured creditors 296.250 Con tingent liability in respect of a daim for damages Taha 37,500m/= estimated to be settled for 18,000 Income taxliability For 30 June 2004 5.250 For 30 June 2005 1.275 For 30 June 2006 2.700 The reserves of the company on 1st September 2005 amounted to 7.900 Required: Prepare the Statement of Affairs and Defidency account