3 question ( 30 marks). The Anaf statement of financial position shown below has been prepared for Shuswap as at 31 Deci The following further information is available: (1) On 30 November 2022 the company issued for cash 2,000,000 50c shares at \$1-10 per share. Cash were received on 15 December. (2) It has been decided to revalue the land and buildings to $12,000,000 at 31 December 2022. (3) Trade receivables totalling $200,000 are to be written off. (4) Some inventory items included in the draft statement of financial position at cost $500,000 were sold after the reporting period for $400,000, with selling expenses of $40,000. (5) During the year there was a contra settlement of $106,000 in which an amount due to a supplier was set off against the amount due from the same company for goods sold to it. No entries have yet been made to record those transactions. Required: Prepare Shuswap's statement of financial position as at 31 December 2022 , complying as far as possible with IAS 1 "Presentation of Financial Statements