Hope this is clear, and I hope to get help.

The trial balance of Norr Ltd at 31 December 20KB appeared as follows: Debit Credit E E Equity shares cf1 fully paid 53,750 Purchases 238,500 Retained prot 35,300 Freehold property cost 88,000 Fixtures cost 21,000 Fixtures accumulated depreciation 12,800 Rates 3,225 Motor vehicles cost 30,100 Motor vehicles accumulated depreciation 15050 Insurance 2,150 Inventories 43,000 Trade receivables 34,400 Trade payables 25,000 Sales revenue 333,250 Bank 12,900 12% debentures 43,000 Debenture interest 2,580 Wages and salaries 38,550 Heat and light 4,300 Professional fees 4,300 General expenses 1,290 Motor expenses 2,150 Provision for bad debts 1 .025 Bad debts 330 520,??5 520,775 Additional information: 1. During the year a motor vehicle purchased on 31 March ZOXE for 3,500 was sold for 3,225. The sale proceeds were debited to the bank account and credited to the sales account. and no other entries have been made in the nancial statements relating to this transaction. 2. Depreciation has not yet been provided for the year. The following rates are applied on the straight-line basis, with the assumption of no residual value: Fixtures and ttings 10 per cent Motor vehicles 20 per cent The corn pany's policy is to provide a full year's depreciation in the year of acquisition and no depreciation in the year of disposal. 3. Inventory at 31 December 20x9 amounted to 48,375. 4. Rates paid in advance amount to 430. Insurance includes 215 paid in advance. An electricity bill covering the quarter to 31 December 20KB and amounting to 350 was not received until Febmary 20'1'0. It is estimated that the audit fee for 20KB will be 1,720. An accrual also needs to be made in relation to debenture interest. 5. A general provision for bad debts oflt per cent of trade receivables is to be carried forward. .5_ The directors propose a dividend of 10,?50. Required: a. Prepare a statement of comprehensive income and statement of nancial position on the basis of the above information