GammaIndustries Corp 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 30%.
b	GammaIndustries Corp had $55,000 of 7% debentures. It sent cheques for debenture interest for the year less income tax, on 31 December 2023.
c	GammaIndustries Corp had bought $20,000 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	GammaIndustries Corp had bought 25,000 ordinary shares of $1 each in DeltaIndustries Ltd. DeltaIndustries Ltd paid a dividend to GammaIndustries Corp of 18% on 30 November 2023. DeltaIndustries Ltd is a 'related company'.
f	GammaIndustries Corp had a liability for corporation tax, based on profits for 2023, of $40,000.
g	GammaIndustries Corp proposed a dividend of 30% on its 100,000 ordinary shares of $1 each, out of the profits for 2023.
h	Transfer $7,500 to general reserve.
i	Unappropriated profits brought forward from last year amounted to $14,000.

Requirement: Complete the profit and loss account and appropriation account for GammaIndustries Corp and prepare a statement of comprehensive income.