Make use of the information below and draw up the following: PRE-ADJUSTMENT TRIAL BALANCE ON 28 FEBRUARY FOR ABC TRADERS 2019 Ordinary share capital R1ea) 280 000 Ordinary share premium 30 000 Retained ca 41 000 Loan from Umgeni Bank [15% p.a.) 27 000 Land and Buiding 350 000 Equipment 50 000 Accumulated depreciation on coment 20 000 inventory 82 000 Trade debtors 40 000 Allowance 1500 Bank 15 300 Cash Poat 750 Petty cash 250 Trade cresters 12 000 SARS income tax 7 000 Nominal accounts section Sales 475 000 Sales returns 8 000 Cost of sales 208 000 Salaries and was 90 000 Directors fees 17 000 Audit fees 4 000 interest on loan 2.000 Credit losses 1400 Rent income 9900 Commission income 7700 Packing material 2 600 insurance 400 Sundry compenses 11 200 Dividends on ordinary shares (interim) 5 000 Adjustments to be effected on 28 February 2019 The following was found as per physical count 1.1. Trading Stock RO 100 1. 2. Packing Material R700 2. Depreciate equipment at 10% p.a. on the diminishing balance method. 3. Write of further credit losses of R2000. 4. Adjust allowance for credit losses to 5% of trade debtors. 5. Provide for the outstanding interest on loan 6. Provide rates at 2% on value of land and buildings. REQUIRED 1.1. STATEMENT OF FINANCIAL POSITION for ABC Traders 28 Feb 2019 (15) 1.2 Notes to the statement of financial position, specifically the property, plant and equipment