At the end of the financial year, on March 31, 2021, Zulu Ltd has provided the following details in relation to the business: It made profits before interest and fax amounting to $3,489.000 It has in issue 6% redeemable preference shares totaling $12.800.000: half of the dividends remain unpaid at the year end Estimated fax in the previous period amounted to $219,300, but was eventually settled with the tax authorities at $384,500 Estimated tax on profits for this year has not yet been paid The deferred tax balance at the start of the period was a liability of $180,000 Deductible temporary differences for the period amounted to $960,000 The applicable tax rate is 30% REQUIRED: Present the statement of profit or loss and statement of financial position extracts for the period, showing all relevant workings. Both extracts should show information specific to the tax and dividend calculations, and the statement of profit or loss extract should show the details leading up to profit after tax At the end of the financial year, on March 31, 2021, Zulu Ltd has provided the following details in relation to the business: It made profits before interest and tax amounting to $3,489,000 It has in issue 6% redeemable preference shares totaling $12.800,000: half of the dividends remain unpaid at the year end Estimated tax in the previous period amounted to $219.300, but was eventually settled with the tax authorities at $384,500 Estimated tax on profits for this year has not yet been paid The deferred tax balance at the start of the period was a liability of $180,000 Deductible temporary differences for the period amounted to $960,000 The applicable tax rate is 30% REQUIRED: Present the statement of profit or loss and statement of financial position extracts for the period, showing all relevant workings. Both extracts should show information specific to the tax and dividend calculations, and the statement of profit or loss extract should show the details leading up to profit after tax