Mutt and leff are equal partners in a sport shop called Born Losers. The following balances appeared in the pre-adjustment trial balance at 28 February 2011 : Adjustments: 1) Depreciation on land and building must be provided for at 896 p.a. on the straight-line-basis. 2) Depreciation on office equipment must be provided for on the reducing-balance method at 10% p.a. 3) The loan from City Bank was negotiated on 01/03/2010 and interest is payable six-monthly at 12\% p.a. 4) An additional amount of NS 1500 must be written off from debtors as irrecoverable and the provision for debtors must be adjusted to equal to 5% of good debtors. 5) The balance on the insurance account represent two premiums paid as follows: - N\$900 on a one-year fire policy effective from 01 May 2010. - N\$1 100 on a one-year theft policy effective from 01 August 2010. 6) Stationery costing N$180 was still on hand at 28/02/2011. 7) An account of N5 240 dated 01/02/2011 for customs duties was only received on 03/03/2011. 8) Inventory costing N$6000 was still on hand at 28/02/2011 9) According to Mutt, advertisements costing N5 4100 were placed before 28/02/2011. 10) Interest on current accounts must be calculated at 6% p.a. 11) Interest on drawings came to N 125 for Mutt and N\$ 100 for Jeff. 12] Transfer N\$ 1000 to general reserve. You are required to prepare for Born Losers for the year ending 28 February 2011 the following statements: 1) A statement of profit or loss and other comprehensive income. 2) A statement of profit distribution for the partners. 3) A statement of financial position. 4) A statement of changes in equity