XYZ Company Income Statement of Year Ended 31 December 2020 Sales Less Cost of Sales: Begging Inventory Purchase Ending Inventory Gross Profit Less Expenses: Depreciation Interest Payable Other Expenses Loss for the year Note 1 2 345 m 10 40 50 -15 12 15 43 m 100 35 65 70 X -5 D Additional Information: This is the original income statement for company; however, the company conducted creative accounting to four items in the statement. This resulted in making profit for the year (23 m) instead of losses Required: Identified the four items manipulated by the company and explain their effect on the relevant items in the income statement.