4. Prepare Trina Haldane's Statement of Profit or Loss for the period ended 31 December 2014 and Statement of Financial Position as at that date. Additional information a) Closing Inventory $25,000 b) Wages and Salaries prepaid $2,500 c) Commission Received owing $2,000 d) Trina Haldane took $6,000 worth of goods for her personal use. e) Trina Haldane's insurance premium incurred is $1,000 per month commencing 1st March 2014. f) Provision for doubtful debt is to be adjusted to 5% of Accounts Receivable g) Depreciation is to be charged on Fixtures and Fittings at 10% using the Reducing Balance Method and on Motor Vehicle at 10\% using the Straight Line Method