please find the attachment of questions and i need the answers within 2 hours

The following trial balance is extracted from the books of F.W. Ltd as on 31 Dec 2017 Dr. $ 10% preference share capital Ordinary share capital - 10% Loan capital (repayable 2019) - Fixtures and fittings at cost Buildings at cost - Cr. $ 200,000 700,000 255,000 1,050,000 Equipment at cost 120,000 Motor vehicles at cost Provision for depreciation: buildings Provision for depreciation: equipment Provision for depreciation: motor vehicles 172,000 - 100,000 24,000 51,600 Inventory Sales 84,912 - 1,022,000 Purchases 439,100 Carriage inwards 6,200 Salaries and wages 192,400 Directors' remuneration 123,000 Motor expenses 3,120 Business rates and insurance 8,690 General expenses 5,600 Loan interest 15,000 Account receivable Account payable 186,100 - 113,700 Bank General reserve Share premium account 8,390 - 50,000 100,000 Interim ordinary dividend paid 35,000 Retained profits 2,704,512 43,212 2,404,512 Given the following information, you are to draw up an income statement for the year ending 31 December 2017, and a statement of financial position as at that date: i. ii. iii. iv. v. vi. vii. Inventory at 31st Dec. 2017 was $91,413 Depreciate buildings $10,000; fixtures and fittings $30,000; motor vehicles $18,000; equipment $12,000 Accrue loan interest $15,000 Provide for preference dividend $20,000 and final ordinary dividend of 10 per cent. Transfer $10,000 to general reserve. Authorised share capital is $200,000 in preference shares and $1 million in ordinary shares Provide for corporation tax $50,000 Question 2 The chairman of a public limited company has written his annual report to the shareholders, extract of which is quoted below: \"As a measure of confidence in our ability to expand operations in 2013 and 2014, and to provide the necessary financial base, we issued $0.5 million 8% Redeemable Loan Capital, 2007/2013, 20 million 6% $1 Redeemable Preference shares and 4 million $1 Ordinary shares. The opportunity was also taken to redeem the whole of the 5 million 11% Redeemable Preference shares\" Required: Answer the following questions on the above extract (1) In the description of the loan capital, what is the significance of a. 8%? b. 2007/2013 (2) In the description of the preference share issue, what is the significance of c. 6% d. Redeemable? (3) Contrast the accounting treatment in the company's income statement of the interest due on the loan capital with dividends proposed on the ordinary shares