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Below is the Trial Balance of High Table Ltd as at 31st December 2022. Adjustments: 1. Inventory as at 31st December 2022 at cost 31,000 2. Plant and Machinery are depreciated at 10% per year and Motor Vehicles at 5% per year. All depreciation is to be provided on the straight-line basis. 3. Wages \& salaries not paid for at the end of the year is 10,150. 4. Electricity prepaid at the end of the year is 600. 5. A bad debt of 1,200 to be written off at the yearend. 6. The land and buildings are to be revalued at 600,000. Required to prepare: i. the income statement for year ending 31/12/22 (13 marks) and ii. the statement of changes in equity for the year ended 31/12/22 (5 marks) and ii. the Balance Sheet as at 31/12/22 (12 marks)