Becketts Ltd. has been trading for some years. The following trial balance has been extracted from her books of account as at 31 May 2019. Dr. Cr. Ordinary share capital 10,000 Retained profit (as at 1 June 2018) 12,400 Cash 3,700 Trade payables 4,300 Trade receivables 6,000 Furniture and fittings 8,000 Heating and lighting 1,500 Miscellaneous expenses 6,700 Purchases 52,000 Sales 79,000 Inventory (as at 1 June 2018) 7,000 Rent 3,000 Wages and salaries 17,800 105,700 105,700 Additional information: (1) Inventory at 31 May 2019 = 12,000. (2) The accrued wages and salaries at the end of the year was 3,500. This amount has not been accounted for (3) The annual rent of 3,000 was paid at the start of January 2019. Your tasks: Prepare Becketts' income statement for the year ended 31 May 2019 and a statement of financial position as at that date