I need 2 and 3 answer

Preparation of financial statements YOJ is preparing its annual financial statements as at 31 December 2X15. The following trial balance has been extracted from its general ledger: Credit 125,000 223,600 Trial balance in Equity shares Retained earnings, as at 31. 12.2X14 Building at acquisition cost Building accumulated depreciation, as at 31. 12. 2X14 Transport vehicles at acquisition cost Transport vehicles accumulated depreciation, as at 31. 12. Inventory (merchandise), as at 31. 12. 2x14 Trade payables Trade receivables Allowances for trade receivables, as at 31. 12. 2X14 Cash Borrowings from banks Debit 150,000 240,000 62,000 60,000 38,000 30,000 40,000 45,400 8,000 36,000 395,000 Revenue from goods sold Cost of goods sold Salary and other payroll expenses Fuel consumption Services purchased Interest expense from bank borrowings Total 228,000 80,200 33,300 7,900 3,600 903,000 903,000 2. Impairment of receivables: a) based on past experience, YOJ estimates that 8% of the closing balance of trade receivables will be never collected b) 3. Inventory: impairment of uncollectible receivables is classified as other operating expense/income a) YOJ applies the periodic inventory system b) the closing balance of inventory as at 31 December 2X15 is 75,000