Dr.	Cr.
	GH	GH
Administrative expenses	81,070
Distribution costs	164,450
Trade receivables and payables	130,920	144,000
Ordinary GH1 shares		98,600
Revaluation surplus		22,450
Revenue and purchases	372,000	760,000
8% loan notes		150,000
Land and Buildings at cost	309,500
Motor vehicles at cost	138,000
Inventories at 1/1/2015	156,740
Interim ordinary dividend	1,440
Interest paid	6,000
Bank overdraft		23,470
Retained profit at 1/1/2015		151,100
Suspense		10,500
Total	1,360,120	1,360,120

You have also ascertained the following information:

• The inventory at cost on 31^st December, 2016 was GH210,000 and the net realizable value was GH189,000.
• The taxation charge for the year to 31^st December, 2016 is estimated to be GH20,000.
• The company issued a 100,000 12% debenture at discount of 3% on January 1, 2016 redeemable in 3-year at par. This loan is omitted from the trial balance.
• To reflect a marked increase in property prices, JohnLex accepted the report of an independent surveyor who valued the building by GH5,000 on that on 31^st December. 2016.
• The suspense account represents the corresponding credit for cash received for a fully subscribed issue of equity shares made on 30^th December, 2016. The terms of the share issue was 7,000 new ordinary shares were issued at GH1.50.
• The company has declared a dividend 10pesewas per share for the year.

Required:

1. Prepare the statement of comprehensive income for JohLex for the year ended 31^st December, 2016.
2. Prepare the statement of changes in equity for JohLex for the year ended 31^st December, 2016.
3. Prepare the statement of financial position of JohLex as at 31^st December, 2016.