Question 2 Efendi ple provided the following balances at 30 September 2021 . Additional information: 1. A sales invoice, $12520, had been entered in the sales day book as $21520. 2. Closing inventory valued at $618290 included damaged goods costing $4510, which could not be sold. 3. Purchases included $18000 for the purchase of equipment. 4. Property, plant and equipment included land, $1200000, which is not depreciated. 5. Depreciation is charged at 15% per annum using the straight line method. Depreciation on plant and equipment is apportioned in the ratio 4:1 between administrative expenses and distribution costs. No depreciation had been charged for the year. 6. The tax charge for the year was $51800 and is payable on 1 July 2022. 7. A 9% bank loan of $80000 was received on 1 September 2021 and is repayable in full on 31 August 2022. Required: a) Prepare the statement of profit or loss for the year ended 30 September 2021. Statement of brofit or loss for the vear ended 30 Sevtember 2021 Workina b) Prepare the statement of financial position as at 30 September 2021 . Statement of financial nocition as at 30 Sentemher 2021