please show all workings and double entries.

done in table format.

The trial balance of Patoo Ltd at 31 March 2022 is as follows: Additional information: i. Closing inventory is valued at $700,000. ii. Wages and salaries unpaid amount to $67,200. iii. $7,000 of the utilities represents a prepayment iv. The company estimates that it may not be able to collect 7% of its receivables. v. Plant is depreciated at 20% per annum using the reducing balance method. The entire charge is to be allocated to cost of sales. vi. Buildings are depreciated at 5% per annum on their original cost, allocated 20% to cost of sales, 50% to distribution cost and 30% to administrative expenses. vii. During December 2020, a bonus issue of 1 for 5 was made to ordinary shareholders. This has not been entered into the books. The share premium account is to be used for this purpose. viii. A dividend of $.0.05 per share was declared on March 15,2022 , to be paid to shareholders of record on April 4, 2022. ix. The directors have agreed a transfer of $40,000 to the general reserve from profits for the period. x. Company profits are taxed 20% xi. The exnenses helow should he annortinned as indicated. Required Prepare, for external use, the following financial statements in accordance with IAS 1 Presentation of Financial Statements: 1. The statement of profit or loss and other comprehensive income for the year ended 31 March 2022 2. The statement of changes in equity for the year ended 31 March 2022 3. The statement of financial position as at 3 March 2022