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(a) Briefly explain how the above notes (1) to (7) should be dealt with in the financial statements. Show your calculations is applicable. (b) Calculate

(a) Briefly explain how the above notes (1) to (7) should be dealt with in the financial statements. Show your calculations is applicable.

(b) Calculate basic earnings per share of Sunshine for the year ended 31 December 20X2.

(c) Prepare the statement of profit or loss and other comprehensive income for Sunshine for the year ended 31 December 20X2.

(d) Prepare the statement of changes in equity for Sunshine for the year ended 31 December 20X2.

(e) Prepare the statement of financial position of Sunshine as at 31 December 20X2

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