Please use direct method.

GOLF AUSTRALIA LTD Comparative income statement for the years ended 31 December 2014 and 2013 (In thousands) Revenues and gains Sales revenue Gain on sale of equipment (sale price, $33) Total revenues and gains Expenses and losses Cost of sales Salary expense Depreciation expense nterest expense Amortisation expense on patent Loss on sale of land (sale price, $61) Total expenses and losses Profit 2014 $444 $444 $221 13 11 339 $105 2013 $310 18 $328 $162 11 278 50