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Light LLC needs your expertise in order to draw certain results from the following information relating to its monetary assets and liabilities: Jan 2017 Dec 2017 OMR OMR Cash at bank 50,000 38,000 Fixed bank deposit 60,000 47,000 Prepaid rent 26,000 12,000 Creditors 46,000 29,000 Short term loan 38,000 31,000 Debentures 190 Index numbers Following are the index numbers observed during the year Year start Year end 270 Year average 230 Required: Answer the following in accordance with Current Purchasing Power Method: a) Calculate conversion factors for the items held by the business at the start of the year end of the year, and during the year. (1.5 Marks) b) Calculate net monetary gain or loss for the company. Marks) c) How should net monetary gain/loss be stated in Income Statement? How does it affect shareholders of the business? (1.5 Marks)