Revenue, expenses and profit for the year ended 30 June 2022 Revenue: Sales revenue Gain on disposal of plant Expenses: Cost of goods sold Doubtful debts Depreciation - plant Wages Annual leave Interest Net profit for the year Additional information: - The following expenses are paid as incurred: wages and interest. - The carrying amount of plant sold during the year was $50,000. - The 'accounts payable' account is used for inventory purchases. - Sleepy Head Ltd classifies interest paid as an operating activity. - All bank loans are non-current. - A new plant was acquired during the year. Revenue, expenses and profit for the year ended 30 June 2022 Revenue: Sales revenue Gain on disposal of plant Expenses: Cost of goods sold Doubtful debts Depreciation - plant Wages Annual leave Interest Net profit for the year Additional information: - The following expenses are paid as incurred: wages and interest. - The carrying amount of plant sold during the year was $50,000. - The 'accounts payable' account is used for inventory purchases. - Sleepy Head Ltd classifies interest paid as an operating activity. - All bank loans are non-current. - A new plant was acquired during the year