LifeCare Hospital's trial balance as of 31 December 2021 includes the following:

LifeCare Hospital reported the following balances: Cash is £150,000, Accounts Receivable is £200,000, Inventory is £80,000, and Property, Plant, and Equipment is £600,000. The Accounts Payable is £150,000, Long-term Debt is £300,000, Common Stock is £400,000, and Retained Earnings is £180,000.

Requirements:

1. Assemble a trial balance for LifeCare Hospital as of 31 December 2021.
2. Using the trial balance, prepare a comprehensive income statement for the year ended 31 December 2021.
3. Compute the Return on Equity (ROE) and discuss its implications for LifeCare Hospital's financial planning.