Question 2 ALPHA Plc prepares its financial statements to 31st December each year. As at 31st December 2022, its trial balance was as follows: Further information: a) Inventory as of 31 December 2022 at cost 117,000 b) The tax charge based on the profits for the year is 58,000. c) The bank loan interest has not been paid during the year. d) The property is to be revalued at 850,000. e) Depreciation of plant and machinery is to be provided for the year at 10% on a straightline basis. f) Administration expenses prepaid is 125,000. Required to prepare: (i) The income statement for the year ending 31/12/2022 (9 marks), (ii) The statement of changes in equity for the year ended 31/12/2022 (5 marks) and (iii) The balance sheet as at 31/12/2022 (11 marks)