3. The following balances were taken from the books of Ben D on 29 February 2020. GHS Office equipment at cost 3,000 Accumulated depreciation office equipment 1,500 Delivery vehicles at cost 112,000 Accumulated depreciation delivery vehicles 7,000 Trading inventory: 29 February 2020 61,200 Trade receivables 13,000 Provision for bad debts 400 Bank 30,040 Capital: Ben 177,000 Drawings: Ben 24,000 Trade and other payables 41,400 Cost of sales 152,500 Salaries 11,400 Rent paid 3,480 Advertisements 1,200 Insurance 960 KMA licensing fees 1,280 Sundry operating costs 240 Revenue 187,000 Additional information i) Accrued salaries, GHS 2,000. ii) Prepaid insurance, GHS 120. iii) The balance for rent paid includes an amount of GHS 1,000 for March 2020. iv) The provision for bad debts must be 5% of the trade receivables on 29 February 2020. v) Depreciation on office equipment and vehicles must be provided at 5% of the cost price. Required a) Prepare a post-adjustment trial balance. b) Prepare an income statement and a statement of financial position for the year ended 29 February 2020