following trial balance has been extracted from the ledger of Hasali a sole trader, as at 31 May 2019, the end of his most recent financial year.

Herbert Howell
Trial Balance as At 31 May 2019

Dr
Cr

£
£
Property at cost
90,000

Equipment at cost
57,500

Provision for depreciation (as at 1 June 20X8)


Property

12,500
Equipment

32,500
Stock as at 1 June 20X8
27,400

Purchases
259,600

Sales

405,000
Discounts allowed
3,370

Discounts received

4,420
Wages and salaries
52,360

Bad debts
1,720

Loan interest
1,560

Carriage out
5,310

Other operating expenses
38,800

Trade debtors
46,200

Trade creditors

33,600
Provision for bad debts

280
Cash on hand
151

Bank overdraft

14,500
Drawings
28,930

13% loan

12,000
Capital, as at 1 June 20X8
______
98,101

612,901
612,901

The following additional information as at 31 May 2019 is available:
Stock as at the close of business was valued at £25,900.
Depreciation for the year ended 31 May 2019 has yet to be provided as follows:

Property -1% using the straight-line method
Equipment  -15% using the straight-line method

Wages and salaries are accrued by £140.
Other operating expenses include certain expenses prepaid by £500.  Other expenses included under this heading are accrued by £200.
The provision for bad debts is to be adjusted so that it is 0.5% of trade debtors as at 31 May 2019.
Purchases include goods valued at £1,040, which were withdrawn by Mr Howell for his own personal use.

Required:
Prepare Mr. Hasali statement of comprehensive income and statement of financial position as at 31 May 2019.(