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Rosina Ltd has an authorised share capital as follows. The following balances have been extracted at 30 Aprll 2014. Additional information: - Imventory at 30

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Rosina Ltd has an authorised share capital as follows. The following balances have been extracted at 30 Aprll 2014. Additional information: - Imventory at 30 April 2014 was valued at $61000 closing. - Preference share dividend of $3500 is still owing at 30 April 2014. a cCruled - The provision for doubtful debts is to be reduced by $200 at 30 April 2014. - Business expenses of 56000 have been paid in advance at 30 April 2014 Prepare the following: a An income statement for the year ended 30 April 2014, b A statement of changes in equity for the year anded 30April2014. C. A statement of financial position at 30 April 2014

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