6 INCOME STATEMENT AND BALANCE SHEET WB PAGE 320 The following information relates to the business of CBD Solar for the year ended 30 November 2023. Cash sales R $72 000 Advertising $1 100 Cash at bank CA 1 200 Office equipment 6.000 Vehicles 30 000 GST received . 7 200 15 000 7 000 Rent Loan from NAB Cost of sales Interest on loan Inventory 24 000 Assistant's wages 1200 Drawings 20 000 Accounts payable 8 000 9400 GST paid -CL 3 600 Capital - Mannix 29 500 15 000 Additional information: The office equipment must be depreciated by $600. The vehicles must be depreciated by $7000. a Prepare an income statement for the year ended 30 November 2023 under the accrual method of accounting. b Prepare a classified balance sheet as at 30 November 2023.