Plz i want the answers with ditals in word file

incomi Preparation of Income Statement and Statement of Financial Position of company ABC Ltd, a limited liability company, has the following trial balance at 31 December 2019. Asd expl laibility Debit Credit $ '000 $ '000 Cash at Bank 200 Inventory at 1 January 2019 4,400 Salary of Administrative staff Office Rent Other Administrative expenses 1,800 2,000 612 Marketing Expenses 1,200 Bad debts 112 (100 200 Allowance for Bad Debts Interest Income Non-current Assets at cost: Land Buildings Plant and equipment Motor vehicles Accumulated depreciation 25,000 20,000 2,800 640 Buildings 8,000 960 Plant and equipment Motor vehicles 240 Retained earnings 24,520 Trade receivables Purchases Interest on loan Dividend paid (1,640 8,320 exp 180 400 Sales revenue 23,504 Trade payables 4,780 Share premium 2,000 Bank loan 1,000 Ordinary Shares ($1 per share) 4,000 Infrast or forgie 69304 69,304 The following additional information is relevant: & go to a) Depreciation is to be provided as follows: Buildings at 10% straight line, charged to administrative expenses pless.dops - less depn Plant and equipment at 25% on the reducing balance bass, charged to cost of sales. Motor vehicles at 30% on reducing balance basis, charged to distribution costs. (if the depreciation is straight line, then apply percentage directly to the cost. If the depreciation is on reduced balance method, then calculate reduced balance as cost less accumulated depreciation, and then apply percentage) " b) No final dividend is being proposed. c) An Allowance for receivables (Provision for Receivables) is to be increased to 10% d) The land is to be revalued to $30,000,000. e) Closing inventory figure is $600,000. f) Tax rate is 15% for the profit Required: Prepare the statement of comprehensive income for the year to 31 December 2019, a statement of changes in equity and a statement of financial position at that date in accordance with the requirements of International Accounting Standards