Accounting $ $ Revenue 2 655 000 Purchases 1 669 000 Inventories( 1 January 2019) 444 000 Distribution costs 514 000 Administrative expenses 345 000 Debenture interest 3000 Rental income 48 000 Land and building at cost 840 000 Accumulated depreciation Land and building at 1 January 2019 120 000 Plant and equipment at cost 258 000 Accumulated depreciation plant & equipment at 1 January 2019 126 000 Investment property at 1 January 548 000 Trade receivables 541 000 Cash and cash equivalents 32 000 Ordinary share capital 100 000 Share Premium 244 000 Retained earnings 1 January 2019 753 000 Interim dividend 6000 General reserve 570 000 Trade payables 434 000 4% Debentures( redeemable in 2025) 130 000 5 200 000 5 200 000 Additional matters to be taken into account for the preparation of the financial statements for the year ended 31 December 2019. Inventory at 31 December 2019 amounted to $ 388 000 at cost On 1 January 2019, Omega Enterprises disposed of some malfunctioning