9200 Abel and Cain are in partnership. They share profits in the ratio; 70% for Abel and 30% for Cain. The following trial balance was extracted as at 31 December 2019. Debit Credit s Office equipment at cost Motor vehicle at cost 21400 Provision for Depreciation at 31 December 2018: Motor vehicle 12800 Office equipment 3600 Inventory at 31 December 2018 38410 Trade payables 32216 Trade receivables 41940 Cash at bank 2118 Cash in hand 317 Sales 180400 Purchases 136680 Salaries 27400 Office Expenses 2130 Discount allowed 312 Current accounts at 31 December 2018 Abel 7382 7009 Capital accounts: Abel 50000 Cain 20000 Drawings: Abel 17500 Cain 16000 313407 313407 Cain Additional information: i) Inventory at 31 December 2019-$41312. ii) Office expenses owing- $240 iii) Provide for depreciation: Motor vehicle-25% of cost and Office equipment- 20% of cost. iii) Charge interest on capital at 5% per annum. v) Charge interest on drawings: Abel- $300 and Cain- $200. Required: a) Profit or Loss Appropriation account for the year ended 31 December 2019. [10 marks] b) Statement of Financial Position as at 31 December 2019. [10 marks)