Prepare the amended statement of Financial Position with all the workings specified,

The format is indifferent if its narrative or T-Format.

The Balance Sheet of Grundy International plc at 1 January 2016 is summarised below Em Em Non-Current Asset Land and buildings Plant and Equipment 1900 4400 Current assets Bank TOTAL ASSETS 8700 Equity Ordinary 1 shares Share Premium Retained Earnings 2300 500 120 4000 Non-current Liabilities 10% loans, repayable 2020 8% convertible loan stock 1500 Current Liabilities TOTAL EQUITY&LIABILITIES 2100 2600 700 Required: You are asked to show how the Statement of Financial Position would need to be amended to record each of the events shown below, which occurred during the year ended 31 December, 2016 January: The 8% convertible loan stock was converted into ordinary shares at 375p each" February: Land and Buildings were re-valued at 2,700m April: There was a 5 for 1 share splt .July: There was a 2 for 3 bonus issue. September: There was a fully-subscribed rights issue of 1 for 5 at 80p November: Directors and employees exercised options to buy 400m shares at 50p December: The post-tax profit for 2016 was 800m. A cash dividend of 0.018p (net) per share was paid. Assume that any retained profit is reflected in increased current assets. Convertible loan stock is a loan to the Company, which can be converted into shares (instead of being paid back), at the option of the lenders, at a future date or dates, at a price per share specified at the start of the loan. So here the number of new shares created is the amount of the loan stock divided by 3.75