QUESTION FOUR: FINANCIAL STATEMENTS OF A COMPANY (1) Closing Inventory on 31 December 2020 amounted to R80000. (1) Closing Inventory Depreciate Equipment at 10% per annum on diminishing balance method. (2) Depreciate Equipment at Write off further Credit losses amounting to R2000. (3) Write off further Credit losses amounting to R2000. (5) Adjust Allowances for credit losses to 5% of Debtors. (5) Provide for the outstanding intereston foan at 10% per annum 31 December 2020. (6) A final dividend of R14000 was declared on 31 December 2020 . Income taxation expense for the year amounted to R40000. REQUIRED: Prepare a Statement of Comprehensive Income for TTM Ltd for the year ended 31 December 2020 in compliance to the General Accepted Accounting Practices (GAAP). Comparative figures and notes are not required