Below is the list of nominal ledger balances of ABC Company at 31 December 2019. ABC's The following information is relevant. 1. Closing inventory at 31 December 2019 is 45,000 2. On further investigation of the suspense account in the trial balance above, it was discovered that: An expense of 8,250 for legal services stationery had been posted to the suspense account and a cash receipt of 15,750 had been posted to the suspense account. This represented the disposal proceeds from selling equipment, which had been purchased on 1 March 2016 at a cost of 48,000. 3ABC depreciates non-current assets as follows: - buildings at 1 per cent on a straight-line basis - plant and equipment at 10 per cent on a straight-line basis - motor vehicles at 20 per cent on a reducing balance basis. There are no non-current assets that have a residual value. No depreciation for the year ended 2018 has been entered into the accounting records. A full year's depreciation is charged in the year of acquisition and in the year of disposal. Depreciation expense for the year is included in administration expenses. 4 At 31 December 2019, ABC's directors decided to revalue the buildings to 1,350,000. No entries have been made in the nominal ledger accounts. 5. Post trial balance reconciliations showed that an invoice for 54,000 for insurance for the period from 1 October 2019 to 30 September 2020 had been paid and debited to the insurance account. Insurance costs are included in administration expenses. 6 A full year's debenture interest is to be accrued. 7 At 31 December 2019, ABC decided to write off a trade receivable of 2,400 and to make an allowance for irrecoverable receivables of 10 per cent of the outstanding receivables at that date. No entries have been made in the nominal ledger accounts. 8 No heat and lighting costs for the months of November and December 2019 have been recorded in the accounting records. The next quarter's invoice for heat and lighting is expected to be 36,000. Heat and lighting costs are included in administration expenses. 9 For the financial year ended 31 December 2019, corporation tax is estimated to be 222,000 and the audit fee is estimated to be 180,000. 10ABC is proposing a final dividend of 2 pence per share. (a) Prepare a statement of comprehensive income for the year ended 31 December 2019 for ABC. (b) Prepare a statement of changes in equity for ABC, for the year ended 31 December 2019