Bill's trial balance at 31-Dec-2020 is shown below - CE 200,000 120,000 Cost of Sales/Sales Office Rent Plant Cost/Depreciation Staff wages Cash at Bank Inventory 1NV Shares Retained earnings 10% Debenture (2031) Receivables/Payables Totals 75,000 25,000 200,000 20.000 67.000 46,000 60,000 40,000 50,000 20.000 490,000 57.000 490,000 Notes: (Information not included above) 1) Wages of 5,000 were still owing at the year end. 2) Office rent of 3,000 had been paid in advance. 3) Plant depreciation is 10% p.a. (straight line basis). 4) At year-end Plant costing 20,000 was sold for 6,000. 5) Plant disposal gain (at (4) above) amounted to 3,000. 6) Company tax rates were 25%. Required: For Yle Dec-20, prepare the following financial statements a) Financial Position Statement (Balance sheet) b) Income Statement c) Compute: Operating Cash Cycle d) Compute: Profitability Ratios e) Compute: Eps and Gearing Ratios [NB(d) Profitability ratios are ROCE, PMOS, and ATO:)