could you please explain thoroughly how to solve it, I have a ready answers but dont know how they got it?

Question 5.2 The draft statement of financial position of Ewan Plc at 30 September 2016 was as follows: E000 Product development costs 24,000 Sundry assets Cash and Bank E000 Ordinary shares of E1 each 2,800 fully paid 12% preference shares of 1 64,340 each, fully paid 10,900 Share premium Retained (distributable) profits Payables 78,040 16,000 8,000 9,200 20,840 78,040 Financial reporting Preference shares of the company were originally issued at a premium of 2p per share. The directors of the company decided to redeem these shares at the end of October 2016 at a premium of 5p per share. All write-offs and other transactions are to be entered into the accounts according to the provisions of the Companies Act and in a manner financially advantageous to the company and to its shareholders. During October 2016 a number of things occurred. On 2 October the company issued for cash 4,800,000 10% debentures of El each at a discount of 2.5%. On 3 October the balances on development costs and discount of debentures were written off, On 15 October the company issued for cash 12,000,000 ordinary shares at a premium of 10p per share. This was a speclfic issue to help redeem preference shares. On 28 October the company redeemed the 12% preference shares at a premium of 5p per share and included in the payments to shareholders one month's dividend for October, On 30 October the company made a bonus issue, to all ordinary shareholders, of one fully paid ordinary share for every 20 shares held. During October the company made a net profit of 550,000 from its normal trading operations. This was reflected in the cash balance at the end of the month. Prepare the company's statement of financial position as at 31 October 2016. Briefly explain accounting entries that arise as a result of redemption of preference shares. uestion 5.3 Question 5.2 The draft statement of financial position of Ewan Plc at 30 September 2016 was as follows: E000 Product development costs 24,000 Sundry assets Cash and Bank E000 Ordinary shares of E1 each 2,800 fully paid 12% preference shares of 1 64,340 each, fully paid 10,900 Share premium Retained (distributable) profits Payables 78,040 16,000 8,000 9,200 20,840 78,040 Financial reporting Preference shares of the company were originally issued at a premium of 2p per share. The directors of the company decided to redeem these shares at the end of October 2016 at a premium of 5p per share. All write-offs and other transactions are to be entered into the accounts according to the provisions of the Companies Act and in a manner financially advantageous to the company and to its shareholders. During October 2016 a number of things occurred. On 2 October the company issued for cash 4,800,000 10% debentures of El each at a discount of 2.5%. On 3 October the balances on development costs and discount of debentures were written off, On 15 October the company issued for cash 12,000,000 ordinary shares at a premium of 10p per share. This was a speclfic issue to help redeem preference shares. On 28 October the company redeemed the 12% preference shares at a premium of 5p per share and included in the payments to shareholders one month's dividend for October, On 30 October the company made a bonus issue, to all ordinary shareholders, of one fully paid ordinary share for every 20 shares held. During October the company made a net profit of 550,000 from its normal trading operations. This was reflected in the cash balance at the end of the month. Prepare the company's statement of financial position as at 31 October 2016. Briefly explain accounting entries that arise as a result of redemption of preference shares. uestion 5.3