Resource for Question 1 - Part (c). Blastt plc provided the following information. During the year land and buildings were revalued to $1070000 and a rights issue of two ordinary shares for every five shares held was made at a premium of $0.15 per share. The issue was fully subscribed. Additional information - Closing inventory included damaged goods, cost $790, which could be sold for $910 after repairs costing $360 - Rent, \$2 100, had been paid in advance for the three months to 31 January 2022. - One month's interest on the 7% bank loan was owing. The draft profit for the year ended 31 December 2021, before adjusting for any of the above, was $165930 (c) Prepare the statement of financial position at 31 December 2021. Space for workings Blastt plc Statement of financial position at 31 December 2021 Resource for Question 1 - Part (c). Blastt plc provided the following information. During the year land and buildings were revalued to $1070000 and a rights issue of two ordinary shares for every five shares held was made at a premium of $0.15 per share. The issue was fully subscribed. Additional information - Closing inventory included damaged goods, cost $790, which could be sold for $910 after repairs costing $360 - Rent, \$2 100, had been paid in advance for the three months to 31 January 2022. - One month's interest on the 7% bank loan was owing. The draft profit for the year ended 31 December 2021, before adjusting for any of the above, was $165930 (c) Prepare the statement of financial position at 31 December 2021. Space for workings Blastt plc Statement of financial position at 31 December 2021