Happy Bumz Ltd, has been manufacturing and selling kid's toys for the last two years. The company commenced its operations on 1 Jan 2018. There was no other cost related to the share issue. For the year ending 31 Dec 2020, the company recorded the following aggregate transactions: Accounts receivable Note receivable $ 183,100 Advertising expense $ 97,300 36,000 Cost of goods sold 590,000 Merchandise inventory 201,900 Unearned rent revenue 4,800 Cash 3,500 Paid-in capital 2,300 Building 52,500 Accumulated depreciation, 500 2,500 20,000 58,626 Miscellaneous expense 3,400 Maintenance expense 4,800 building Land Sales Salary expense Retained earnings December 31, 2019 December 31, 2020 99,300 620,000 300,000 Insurance expense Unexpired insurance Accounts payable Interest expense Telephone expense 20,000 169,200 936,800 Net income 124,300 164,000 162,626 Notes payable The following additional information was noted during the preparation of financial statements for the year ended 30 Dec 2020: a. Salaries of $8,500 have been earned by employees for the last half of December 2020. Payment by the company will be made on the next payday, January 2,2021. b. Interest at 6 percent per annum on the Note receivable has accrued for 2 months and is expected to be collected by the company when the Note is due on January 31, 2021. c. Part of the company's building was rented to a tenant on November 1, 2020, for 6 months, payable in advance. This rent was collected in cash and is presented by the item labeled Unearned Rent Revenue. d. Depreciation on the building for 2020 is $6,250. e. Cash dividends of $60,000 were declared in December 2020, payable in January 2021. f. Income tax at 40 percent applies to 2020, which is all to be paid in the early part of 2021. Required Prepare the following corrected financial statements: 1. Prepare a statement of profit or loss. (4 marks) 2. Prepare a statement of changes in equity for Happy Bumz Ltd. in accordance with the requirements of AASB 101; (4 marks) 3. 4. Prepare a statement of financial position for Happy Bumz Ltd. in accordance with AASB101. Use the current/non-current presentation format; (8 marks) Many investors as well as public are now concerned about organization's social and environmental impacts. Therefore, more and more organizations are now providing various social and environmental information. The CEO of Happy Bumz Ltd has asked you to identify what types of social and environmental information Happy Bumz Ltd should provide to their stakeholders. Identify four important types of social and environmental information/indicators (such as "Total amount of GHG emissions") related to Singapore Ltd and briefly explain the reason for selecting each of them (no more than 200 words). (4 marks)