Question I Part A As at 31 December 20x0,ABC has cash of $100,000 and share capital of $100,000. On 1 January 20x1, ABC purchased 1,000 units of call options (maturing on 31 December 201 ) at the cost of $5 per unit. The exercise price in each option contract is $50. The following information is relevant:- ABC close the option position on 1 April 201 by selling the call option at $47 per option. Prepare ABC's statement of comprehensive income, statement of financial position and statement of cash flow for the month ended 31 January 201,28 February 201,31 March 201 and 30 April 201. PartB As at 31 December 20x0, KLM has cash of $100,000 and share capital of $100,000. On 1 January 20x1, KLM sold 1,000 units of call options (maturing on 31 December 20x1) at $5 per unit. The exercise price in each option contract is $50. The following information is relevant:- ABC close the option position on 1 April 201 by selling the call option at $47 per option. Question I Part A As at 31 December 20x0,ABC has cash of $100,000 and share capital of $100,000. On 1 January 20x1, ABC purchased 1,000 units of call options (maturing on 31 December 201 ) at the cost of $5 per unit. The exercise price in each option contract is $50. The following information is relevant:- ABC close the option position on 1 April 201 by selling the call option at $47 per option. Prepare ABC's statement of comprehensive income, statement of financial position and statement of cash flow for the month ended 31 January 201,28 February 201,31 March 201 and 30 April 201. PartB As at 31 December 20x0, KLM has cash of $100,000 and share capital of $100,000. On 1 January 20x1, KLM sold 1,000 units of call options (maturing on 31 December 20x1) at $5 per unit. The exercise price in each option contract is $50. The following information is relevant:- ABC close the option position on 1 April 201 by selling the call option at $47 per option