2. Mohammed SAOG is involved in the manufacture of baked goods. It provides you the following details, you are required to prepare a Statement of Financial Performance clearly showing: 1. Net sales 2. Cost of Goods sold, 3. Gross profit, 4. Net income before interest and Tax, 5. Net income after interest and tax (7 marks)

Particulars	Amount(OMR)
Profit on sale of building	1500
Factory Lighting	2000
Discount Received	400
Return outwards	1200
Rent from tenants	2900
Advertisement Expenses	1000
Carriage on Sales	560
Opening Stock	8200
Freight inwards	890
Stationery	500
Interest(Cr.)	3700
Bad debts	2520
Purchases	143,400
Sales	189,900
Tax	35%
Closing stock	10,200