Ponko Rakola owns a small business making and selling childrens tops. The following trial balance was extracted from her books on 31 December 2021. Dr Cr Pula Pula Capital 15,000 Drawings 2,000 Sales 90,000 Inventory at 1 January 2021: Raw materials 3,400 Finished goods 6,100 Purchases of raw materials 18,000 Carriage inwards 800 Factory wages 18,500 Office salaries 16,900 P. Rakola: salary and expenses 10,400 General expenses: Factory 1,200 Office 750 Lighting 2,500 Rent 3,750 Insurance 950 Advertising 1,400 Bad debts 650 Discounts received 1,600 Carriage outwards 375 DIPLOMA Sessional Structured Timed Assignment January - June BPA612 Principles of Accounting BOU 2023 Page 11 of 11 Plant and machinery @ cost less depreciation 9,100 Car @ cost less depreciation 4,200 Bank 3,600 Cash in hand 325 Accounts receivable and accounts payable 7,700 6,000 112,600 112,600 You are given the following additional information. 1. Inventory at 31 December 2021 - Raw materials P2, 900 - Finished goods P8, 200 There was no work in progress. 2. Depreciation for the year is to be charged as follows: - Plant and machinery P1, 500 - Car P500 3. At 31 December 2021 Insurance paid in advance was P150 and Office general expenses unpaid were P75. 4. Lighting and rent are to be apportioned: 4/5 Factory, 1/5 Office Insurance is to be apportioned: Factory, Office. 5. Ponko is the businesss salesperson and her salary and expenses are to be treated as a selling expense. She has sole use of the businesss car. Required: a. Prepare the manufacturing, statement of comprehensive income for the year ended 31 December 2021. b. Statement of financial position as at that date