4. Dome Ltd started trading on 1 January 2020. The income statement and statement of financial position for the first year of trading are given as follows: Income statement for the year ended 31 December 2020 Revenue 10,800,000 Cost of sales Opening inventory Purchases Closing inventory 600,000 7,200,000 (720,000) Gross profit Depreciation Other expenses Profit for the year (7,080,000) 3,720,000 (336,000) (1,200,000) 2 184,000 Statement of financial position as at 31 December 2020 Non-current assets - net book value Inventory Cash Total assets 4,584,000 720,000 19,860,000 25,164,000 Share capital (1 shares) Retained earnings Payables Equity and liabilities 12,000,000 2,184,000 10,980,000 25,164,000 (c) Prepare the Current Purchasing Power (CPP) statement of financial position as at 31 December 2020 and the Current Purchasing Power (CPP) income statement for the year ending 31 December 2020 for Dome Ltd. 4. Dome Ltd started trading on 1 January 2020. The income statement and statement of financial position for the first year of trading are given as follows: Income statement for the year ended 31 December 2020 Revenue 10,800,000 Cost of sales Opening inventory Purchases Closing inventory 600,000 7,200,000 (720,000) Gross profit Depreciation Other expenses Profit for the year (7,080,000) 3,720,000 (336,000) (1,200,000) 2 184,000 Statement of financial position as at 31 December 2020 Non-current assets - net book value Inventory Cash Total assets 4,584,000 720,000 19,860,000 25,164,000 Share capital (1 shares) Retained earnings Payables Equity and liabilities 12,000,000 2,184,000 10,980,000 25,164,000 (c) Prepare the Current Purchasing Power (CPP) statement of financial position as at 31 December 2020 and the Current Purchasing Power (CPP) income statement for the year ending 31 December 2020 for Dome Ltd