Prepare the Statement of Comprehensive Income of Omega Limited for the year ended $29$ February$2024.$INFORMATIONThe trial balance, adjustments and additional information given below were extracted from theaccounting records of Omega Limited on $29$ February $2024,$ the end of the financial year.OMEGA LIMITEDPRE$-$ADJUSTMENT TRIAL BALANCE AS AT $29$ FEBRUARY $2024$Debit $($R$)$ Credit $($R$)$Balance sheet accounts sectionOrdinary share capital $638000$Retained income $40000$Vehicles at cost $750000$Equipment at cost $440000$Accumulated depreciation on vehicles $150000$Accumulated depreciation on equipment $110000$Fixed deposit: Ben Bank $(10\%$ p$.$a$.)60000$Trading inventory $38000$Debtors control $40000$Provision for bad debts $3000$Bank $24000$Petty cash $2000$Creditors control $50000$SARS Company tax $60000$Loan: Ben Bank $(12\%$ p$.$a$.)100000$Nominal accounts sectionSales $1113000$Cost of sales $330000$Sales returns $20000$Salaries and wages $144000$Rent expense $66000$Motor expenses $40000$Directors fees $90000$Audit fees $28000$Telephone $18000$Electricity and water $24000$Bank charges $4000$Insurance $9000$Interest on loan $11000$Interest on fixed deposit $3000$Stationery $900022070002207000$Adjustments and additional information$1.$ Trading inventory according to stocktaking on $29$ February $2024$ amounted to R$36000\mathrm{.}2.$ Stationery unused according to stocktaking amounted to R$1000\mathrm{.}3.$ Interest on fixed deposit has been received until $31$ August $2023.$ Provide for the outstandinginterest$\mathrm{.}4.$ Provide for outstanding interest on loan for the last month of the financial year$\mathrm{.}5.$ Included in the insurance total is an annual premium of R$2400$ that was paid for the period$01$ June $2023$ to $31$ May $2024\mathrm{.}6.$ The water and electricity account for February $2024$ was due to be paid on $02$ March $2024,$R$2000\mathrm{.}7.$ Rent has been paid for the period $01$ March $2023$ to $31$ March $2024.$ Note: The rentalincreased by R$1000$ per month with effect from $01$ March $2024\mathrm{.}8.$ The bank statement for February $2024$ reflected an amount of R$500$ for service fees andcash deposit fees. No entry has been made for this$\mathrm{.}9.$ No entry has been made for an account received from Sigma Motors for repairs to a vehicle,R$5000\mathrm{.}10.$ An insolvent debtor paid Omega Limited R$2000$ which represented $40\%$ of the amountowed. This has been recorded. The balance of his account must now be written off$\mathrm{.}11.$ The provision for bad debts must be decreased to R$2000\mathrm{.}12.$ Provide for depreciation as follows:$12\mathrm{.}1$ On vehicles at $20\%$ per annum on the diminishing balance$12\mathrm{.}2$ On equipment at $10\%$ per annum on cost$\mathrm{.}13.$ An amount of R$17583$ was overpaid to SARS for company tax.