prepare income statment and statment of financial position please

Serie A 1-0 ( marks The trial balance of Media 31 December 2016 sebe Thebt Credi E000 Purchase LLLLL 52.000 Inventory at 1 January 2030 12,000 Purchase return 4.000 Sales revenue 79.000 Warehouse when 2.350 Sales returns VM 900 Salesperson salaries and commi 4,850 General Salaries 2170 Administrative expenses 1,500 Light and leat expenses 1,300 Rent and rates 2.320 Advertising expense 600 Dividends - interim dividend paid 90 Plant and equipment confin 35.400 Plant and equipment agregate depreciation January 2020 8.400 Motor Vehicles at cost in 12.600 Motor Vehicles aggregate depreciation, 1 January 2020 2,000 Trade receivables F Das 18.400 Trade payables FP C 10.300 Provision for doubtful (had) debts at 1 January 2020 fua Pes 700 Balance at bank 4010 10% loan repayable 2025 6,000 Finance cost interest on loun) findes 300 Share capital (El book value per equity share) i Pes 9.000 Share premium account 2.2 3,300 Retained earnings, 1 January 2020 fin 23,220 Suspense account (see note 3 below) 2.900 152,860 152,860 Additional information: 1. Closing inventory amounted to 12,500. endir 2. A review of the trade receivables total of 18,400 showed that it was necessary to write off debts totalling 1,400 and that the provision for doubtful debts should be adjusted to 2 per cent of the remaining trade receivables. 3. Two transactions have been entered in the company's cash record and transferred to the suspense account shown in the trial balance. They are: a. The receipt of 1,500 from the issue of 500 El equity shares. b. The sale of some surplus plant. The plant had cost 6,000 and had a net book value of 6003 The sale proceeds of 1,400 have been debited to the bank account and have been credited to the suspense account but no other entries have been made. 4. Depreciation should be charged at 10 per cent per annum on cost of all non-current assets at the end of the year. 5. The directors propose a final dividend of 4 cents per share on the shares issued at the end of the year. 6. Administrative expenses in the trial balance include an amount prepaid at the start of the year of 220. Further investigation has revealed that an amount of 390 is prepaid for the next year, 2021. 7. Light and Heat expenses of 1,300 are for expenses incurred from January 15 2020 to October 31" 2020. The auditor uncovered an electricity invoice of 330 paid on February 19 2021 for the previous 3 months. The cheque was recorded in February 2021 but no other record was kept of this payment. 8. Ignore taxation Required