Company xyz ltd has prepared the following trial balance as at June 31,2021.

clear workings needed

\begin{tabular}{|l|l|l} \hline DETAlLS & DEBIT & CREDIT \\ \hline Creditors & & 88,200 \\ \hline Motor Vehicle & 278,000 & \\ \hline 2% Preference share capital @ $1.50 & & 345,000 \\ \hline Closing stock & 55,700 & \\ \hline Office Expenses & 48,200 & \\ \hline Provision for depreciation for equipment & & 64,600 \\ \hline Management Fees & 37,000 & \\ \hline General Reserves & & 28,900 \\ \hline Land & 366,000 & \\ \hline Debenture interest & 4,700 & \\ \hline Mortgage Interest & 5,900 & \\ \hline Provision for depreciation on building & & 29,000 \\ \hline Retained earnings & 12,100 & \\ \hline 6% Loan & & 216,000 \\ \hline Commission Received & & 24,500 \\ \hline Sales & & 1,556,200 \\ \hline Provision for depreciation on motor vehicle & & 73,500 \\ \hline Staff costs & 68,800 & \\ \hline Cost of sales & 1,130,600 & \\ \hline 4% Debenture & & 244,000 \\ \hline Building & 585,000 & \\ \hline Goodwill & 174,000 & \\ \hline Ordinary Share capital @ \$0.60 & & 303,000 \\ \hline Debtors & 22,000 & \\ \hline 7% Mortgage & & 228,000 \\ \hline Equipment & 12,900 & \\ \hline Interim Ordinary share dividend & & \\ \hline Bank & & 3,284,900,900 \\ \hline & & \\ \hline \end{tabular} Additional notes: - Depreciation is to be charged on the building and motor vehicle at 6% and 8% respectively on the reducing balance, and 15% straight line balance for the equipment. Goodwill should be written down by 30% - Office expenses is prepaid by $12,800, while staff costs is owing by $8,400 - Commission is prepaid by $4,300 The following items of expense should be apportioned as follows: - Corporation tax is estimated at $21,600 - Transfer $45,000 from profits to the general reserves - There was a new issue of 70,000 ordinary shares at a par value, the amount collected per share was $0.85 - The full preference shares dividend will be honored. I. Calculate total administrative expenses 11. Total selling and distribution expenses 111. Total finance cost as they would be shown in the statement of profit and loss All relevant workings must be shown