Please show all calculations

ACC101 ACCOUNTING Question 5 [26] FINANCIAL STATEMENTS AND ADJUSTMENTS The following information appeared in the financial records of Lavender Traders as at 30 April 2021: Pre-adjustment trial balance as at 30 April 2021 DEBIT CREDIT Statement of financial position section Land and buildings 1 238 560 Motor vehicles 175 400 Furniture and fittings 47 600 Accumulated depreciation: Motor vehicles 21 925 Accumulated depreciation: Furniture and fittings 5 700 Inventory (1 May 2020) 42 544 Debtors control 351 435 Provision for credit losses 2 000 Bank 52 977 Capital 1 475 024 Drawings 235 300 Creditors control 61 229 Additional information: According to the stocktaking records, the trading inventory on hand amounts to R56 211 on 30 April 2021. 2. An account for stationery was received late and has not been paid yet, R3 450. 3. The owner prepaid R4 400 on the telephone as he will be out of town for 2 months. A. At year and, notification was received that a debtor who owes Lavender Traders R735 was declared insolvent and his debt should be written off. 5. Adjust the allowance for credit losses to 1% of outstanding debtors. Rent to be received from the tenant is R7 500 per month. The tenant has paid the rent for May 2021 in April 2021. 7. Depreciation must be provided for at 25% on the cost of motor vehicles and 15% on furniture and fittings, using the diminishing-balance method. The profit for the year AFTER the above adjustments is R532 678. Required: Prepare the statement of financial position of Lavender Traders as at 30 April 2021. SHOW ALL YOUR CALCULATIONS