From the following information about Namo Bank for the year ended as on 31st December 2017: prepare an Income Statement of Namo Bank (Amounts' in 000' RO) Total interest income 14,000 Total interest Expenses 5,000 Net fee and commission income 400 Transfer fee 150 Sundry expenses 800 Director fee 1500 Rent and Taxes 750 Postage & Telegrams 50 Lockers rent 150 Printing & Stationery 30 Advertisement 20 Legal Charges 40 Interest payable on deposits 700 Retained earnings 1500 Deferred tax liability 500 Additional information: 1. Impairment for Investments 200 II. Impairment for Credit losses 100 III. Income tax expense 750 IV. Profit on exchange difference due to translation of foreign operations 350 V. Loss on exchange difference arising on translations of foreign operations 250