DeltaTech Inc. has a trading profit for the year ended 31 December 2023, before dealing with the following items, of $85,000. You are to complete the profit and loss account and appropriation account.

Item	Details
a	The standard rate of income tax is 28%.
b	DeltaTech Inc. had $60,000 of 7% debentures. It sent cheques for debenture interest for the year less income tax, on 31 December 2023.
c	DeltaTech Inc. had bought $18,000 of 10% debentures in another company. It received a year's interest, less income tax, on 30 December 2023.
d	No cheque has been paid to the Inland Revenue for income tax.
e	DeltaTech Inc. had bought 28,000 ordinary shares of $1 each in EpsilonTech Ltd. EpsilonTech Ltd paid a dividend to DeltaTech Inc. of 20% on 30 November 2023. EpsilonTech Ltd is a 'related company'.
f	DeltaTech Inc. had a liability for corporation tax, based on profits for 2023, of $40,000.
g	DeltaTech Inc. proposed a dividend of 32% on its 110,000 ordinary shares of $1 each, out of the profits for 2023.
h	Transfer $7,000 to general reserve.
i	Unappropriated profits brought forward from last year amounted to $12,000.

Requirement: Complete the profit and loss account and appropriation account for DeltaTech Inc. and prepare a statement of changes in equity.