Please help

Ahmed owns a small business selling coffee makers to other businesses. On 31st December 2020 he extracted the following trial balance. Account Name Debit $ Credit $ Sales Revenue 676,611 Sales returns 5.148 Opening inventory 92,056 Purchases 371,111 Purchase returns 3,321 Freehold property 228,447 Equipment at cost 34,425 Accumulated depreciation on equipment 6,300 Motor vehicle 47,250 Accumulated depreciation on motor vehicle 10,575 Salaries and Wages 14,580 Insurance 3,150 Motor expenses 4.950 Advertising expenses 3,663 Loan interest 5,850 Receivables 70,920 Allowance for receivables 3,807 Payables 64,584Cash at bani-c 122.143 Bank loan 55 .500 Capital 1522 .T00 Total 1.003.503 1,003 .505 The following information is relevant. 1. Closing inventorv was valued at $55.?55. 2. Equipment is depreciated by 10% on Straight line basis. 3. Motor vehicles are depreciated by 20% on reducing balance basis. 4. Accrued wages at the end of 2020 amount to $3.015. 5. On 1 November 2020 Johns paid $1.350 for insurance which is valid until 31 October 2021. 5. lrrecoverable receivables of $2.250 need to be written off. 7. Ahmed decides to increase the allowance for receivable for $4.?0?. 8. Ahmed has taken goods worth $4.050 for his own use. Required: a. Prepare Ahmed's income statement for the year ending 31$December 2020. b. Prepare Ahmed's balance sheet as at December 2020