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(a) Highlight is an entity whose functional currency is the dollar ($) and has an annual reporting date of 31 December. On 1 July 203, Highlight purchased an item of plant and equipment on credit for Dn 400,000 . On 1 November 203, Highlight made a payment of Dn180,000 to the supplier. The balance of the invoice remains outstanding. Highlight has a policy of applying historical cost accounting and depreciating plant and equipment at the rate of 20% per annum. The item of plant and equipment is not expected to have any residual value at the end of its useful life. Relevant exchange rates to $1 are as follows: 1 July 203 1 November 203 1 December 203 31 December 20X3 Required: Prepare relevant extracts from Highlight's flnancial statements for the year ended 31 December 203 to illustrate the impact of the ahnye iransactions