Plant and machinery 307,500 5,976,160 5,976,160 Additional information: 1. Stock in trade on 31 December 2008 amounted to sh. 148,400 2. Rates paid in advance as at 31 December 2008 amounted to sh. 7000 3. debtors include an irrecoverable amount of sh. 5,600 4. outstanding electricity bill as at 31 December 2008 (this is included in the general expenses) 5. Five percent provision for doubtful debts is to made on the recoverable debtors 6. Depreciation is to be provided on the motor vehicle and plant and machinery at the rates of 20% and 25% respectively on the reducing balance method. 7. outstanding wages and salaries as at 31 December 2008 amounted to sh. 24,800 8. Included in the wages and salaries is the amount of sh. 62,000 paid to the domestic workers of Mr. Brian Kamau. Required: a) A statement of comprehensive income to the year ended 31 December 2008 (15 marks) b) a statement of financial position as at 31 December 2008 (10 marks)