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can you help me awnser question B The following trial balance has been prepared from the books of Brighton plc as at 31 December 2020

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The following trial balance has been prepared from the books of Brighton plc as at 31 December 2020 '000 '000 74.948 35,020 Revenue Purchases Inventories at 1 January 2020 Distribution costs 4,439 4,598 2,602 22,850 25,200 37,670 Administration expenses Land at valuation Buildings at cost Plant and equipment at cost Accumulated depreciation at 1 January 2020 Buildings Plant and equipment Trade receivables Trade payables Cash at bank 3,024 7.157 18,900 6,120 7,800 22,000 12,600 Ordinary shares of 1.00 each As at 1 January 2020 Issued during the year Share premium account As at 1 January 2020 Ansing on shares issued during the year Revaluation reserve as at 1 January 2020 Retained camnings as at 1 January 2020 5400 2.160 6.900 15:300 MGT132: Introduction to Financial Accounting 12,000 10% debentures redeemable 2024 Dividends paid 8,530 167,609 167,609 The following information remains to be adjusted for in preparing the financial statements for the year ended 31 December 2020: 1. Inventories at 31 December 2020 amount to 6,525,000 at cost. Returns with total cost of 25,000 and retail value of 40,000 were not accounted for at 31 December 2020. All goods were initially sold on account and are now in re-sellable condition . 2. Depreciation is to be provided On buildings at 1% per year on a straight line basis On plant and equipment at 10% per year on a reducing balance basis 60% of the depreciation is to be charged to the cost of sales, 20% to distribution costs and 20% to administrative expenses 3. The land is to be revalued at 30,500,000 as at 31 December 2020 4. Administrative expenses contain 165 000 of prepaid expenses 5: Distribution costs to be accrued 306.000 6. The debentures were issued on 1 October 2020 with interest payable on 1 January and 1 July each year 7 Estimated Corporation Tax of 854.000 for the year is yet to be paid (A) (B) Statement of Changes in Equity for the year ended 31 December 2020 (6 mark

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