PM Consultants operates a number of Consultancy firms (Perth and Adelaide). The following information is relating to a number of accounts presented in the Trial Balance of PM Consultants (post adjustments) for the year ending 30th June 2020. Accounts $ Accounts payable 85 000 Telephone expense 35 000 Service revenue 750 000 Buildings 650 000 Office equipment 18 000 Cash at Bank 71 020 Advertising expense 28 000 Accounts receivable 108 000 Salaries & Wages 200 500 Mortgage payable 900 000 Office supplies 38 000 Capital 400 000 Office materials expense 137 565 Drawings 67 500 Land 360 000 Rent expense 65 350 Utilities (gas/water, etc.) 39 500 Required: A. From the information provided, prepare the Income Statement for PM Consultants (5 marks) B. discuss the difference between profit or loss and comprehensive income. (2 marks) (Number of words limit 100 - 150)