A summary of the Community Football Club is shown below: Cash Book Summary RM RM Balance 1.1.2015 180 Purchases of equipment 125 Collection at matches 1650 Rent for canopy 300 Profit on sale of refreshment 315 Printing and stationery Secretary's expenses 65 144 Repairs to equipment 46 Wages 520 Miscellaneous expenses 66 Balance 31.12.2015 879 2145 2145 Further information: 1. At 1.1.2021 equipment was valued at RM500. II. Depreciate all equipment 20 % for the year 2005. ill. At 31.12.2021 rent paid in advance was RM60. iv. At 31.12.2021 there was RM33 owing for printing. a. You are required to prepare : (i) An income and expenditure account for the year ended 31 December 2021. (11) Statement of Financial Position as at that date. (13 marks) Balance 31.12.2015 2145 879 2145 Further information: 1. At 1.1.2021 equipment was valued at RM500. ii. Depreciate all equipment 20 % for the year 2005. iii. At 31.12.2021 rent paid in advance was RM60. iv. At 31.12.2021 there was RM33 owing for printing. a. You are required to prepare : (1) An Income and expenditure account for the year ended 31 December 2021. (13 marks) (11) Statement of Financial Position as at that date. (10 marks) b. A rival football club is to open in the area soon. The treasurer is worried that Community Football Club may lose its members. 1. Advice the club of TWO(2) financial actions it could take to keep its current membership. [25 Mark] Please write your answer below: (2 marks)