Ouestian Abdullah and Sons, a Saodi affiliate of a major US Shased Hitech Company. Becinains of the vear Starts the year of 2019 with 100 million Saodi Riyal cash eyaity investment. It immediately acquires a factory for 80 million Saodi Riyal. They also purchase machinery for 6 Miltion Saoli Rival. Inthe middic of the war Purchase an additional office equipmeat amounted to 4.5 Million Saodi Riyal Made an investment of 5 Milben Saudi Rbal. Sales revenve of SRI 16 million during the year The operatine expenses of SR7 million paid darine the year. At the end of the vear Reccived cash dividend amountcd to 150,000 Saudi Rinal. Additional information The factory, comprising 90\%, of the original patchase price (balance atrributed to land). An estimated useful life of 25 years and is depeciated wing the straight-line method The machincry and office cquipencat are depreciukd wsing the straight-line method and havink a useful life of 15 yean Consumer nrice lndes End of the ycar Initial level Average daring the year. 330 275 300 REQUIRED 1. Restate the Income Statement 2. Prepare a monetary gain or loss schedule for Abdallah \& Sons Corporation as at 31 December 2019 by using histerical cest coastant value model (Must write factor applied for adjustments)