Please see question attached! Any help would be appreciated :)

Pyramid ple The following trial balance has been prepared by Pyramid plc, on 31May208, which is the end of the company/s accounting period: Additional information: (1) The patents and trademarks are considered to have an indefinite life. The annual impairment review carried out as at 31May208 indicated that fair value less cost to sell is 210,000 and value in use is 6202,750 . All expenses relating to intangible assets are presented in administrative expenses. (2) Depreciation for the year is to be charged as follows: - Plant and equipment 8% on cost-charged to cost of sales - Fumiture and fixtures 10% on cost-charged to administrative expenses (3) The debentures have a nominal value of f100,000 and a coupon interest rate of 2% per annum payable in arrears. The eflective interest rate is 8%. They were issued on 1 june 207 at a discount of 10% and wil be redeemed on 31 May 20 ro at a premium. When the debentures were issued the discount on issue was debited to the share premium account. The interest poid has been debited to adininistrative expenses. (4) Administrative expenses include f5,000 of solicitors' fees relating to the purchase of freehold land during the year. (5) Inventories at 31 May 208 were: Raw materials Finished goods f150,400275,350 (6) Income tax on the profits for the year is estimated at 40,000 and is due for payment on 28 February 209. (7) On 1 March 208 Pyramid plc sold a machine to a customer for 85,000. Included in that price is an on-going maintenance contract for two years. The cost of providing similar on-going maintenance support was 3,000 per annum. Pyramid plc charges a mark-up on similar maintenance contracts of 20%. The full 85,000 has been recorded in revenue. (8) From 1 June 20x7, Pyramid plc offered one year warranties on all its products sold from that date. If minor repairs were to be required for all goods sold in the year the total cost would be f20,000. However, if major repairs were to be needed the total cost would be f30,000. Pyramid plc estimates that 85% of goods will have no defects, 10% will have minor defects and 5% will have major defects. There has been no adjustment to the trial balance to allow for this new policy. Requirement Prepare a statement of profit or loss for Pyramid plc for the year ended 31 May 208 and a statement of financial position as at that date in a form suitable for publication. Notes: Notes to the financial statements are not required. Expenses should be analysed by function. (25 marks)