Purchases Cloning inventories Cost of sales Income Statement for the year onded 31 December 2013 GBC Opening inventories 37 422 000 4.158.000 20.700.000 1.485.000 23.463.000 5.583.500 Gross profit 13.959.000 3.920 400 Depreciation Other expenses Interest paid Total expenses 2.376.000 629,840 415,800 3,421,440 712 BOO 237 600 118.800 1.089,200 Profit before tax Taxation Profit after tax Tutorial 10,537.560 2,673,000 7,864,560 2,851,200 712,800 2,138,400 parente Balance Sheet as on 31 December 2019 Star GBE HKS Non-current assets 8,316,000 5,464,800 Investment in Shine Ltd 267300 Current assets: Inventories 1,485,000 1,021,680 Trade receivables 3,593,700 1,306,800 Shine Ltd 85,950 Cash 653 400 47 520 Total current assets 5,818,050 2,376,000 14,401,350 7,840,800 Total Assets ls, LE 3 Tutorial Purchases Cloning inventories Cost of sales Income Statement for the year onded 31 December 2013 GBC Opening inventories 37 422 000 4.158.000 20.700.000 1.485.000 23.463.000 5.583.500 Gross profit 13.959.000 3.920 400 Depreciation Other expenses Interest paid Total expenses 2.376.000 629,840 415,800 3,421,440 712 BOO 237 600 118.800 1.089,200 Profit before tax Taxation Profit after tax Tutorial 10,537.560 2,673,000 7,864,560 2,851,200 712,800 2,138,400 parente Balance Sheet as on 31 December 2019 Star GBE HKS Non-current assets 8,316,000 5,464,800 Investment in Shine Ltd 267300 Current assets: Inventories 1,485,000 1,021,680 Trade receivables 3,593,700 1,306,800 Shine Ltd 85,950 Cash 653 400 47 520 Total current assets 5,818,050 2,376,000 14,401,350 7,840,800 Total Assets ls, LE 3 Tutorial