Oueation 22 Following were the closing balances of the accounts of Pear Limited for the year ended 30 September 208 before adjustments (Figures are in thousands): Following were the adjustments foud oe September 30 : 1. Depreciation has nor been chargod en office equipment with a carrying amount of $100,000. This class of assets is depreciated at 12 por ceat a year using the roducins -balance method. 2. A new machibe was purchased, on credic for $30,000 and delivered on 29 September 20x8 but las not been included in the financial statements. (Depreciation will not apply on equipment bevight during the moeth acconding to the company polizy.) 3. A sales invoice to the value of 518.000 for Stpetmber 20sis has been omitted from the financial statements, (The cost of sales figare is stated cocrectly.) 4. The interest payable on the loen notes for the secoed half-yeir was not paid untill 1 October 20n8 and has not been included in the financial statemonts 5. A dividend of $25,000 had bere approved by the sharchoblers before 30 September 208, but was unpaid at that date. This is not reflected in the finuscial statemerts (Dividend payout from Retainod Farnings) 6. Bat debes are to be written off representiag 2 per cent of trade roceivables outstanding at the year-end. 7. As inveice for electricity to the value of 52000 for the quater ended 30 September 20x8 arrived on 40 Otober and has not been inclubed in the finascial utatements. Make the simpliffing ancumption that tax is payable shortly after the end of the yoar at the: nate of 30 per cent of the profit before tax. Werking Capital afler adjostmente. (40 marks)