Shisham Limited is a company which trades as a manufacturer of juices. The company's statement of profit or loss for the year ended 31 March 2021 is as follows: Gross profit 432,000 Other income Profit on disposal of office building (note 1) 45,000 Bank interest (note 2) 6,800 Expenses Depreciation 48,740 Professional fees (note 3) 21,870 Repairs and renewals (note 4) 28,990 Other expenses (note 5) 24,300 -123,900 Finance costs Interest payable (note 6) -24,740 Profit before taxation 335,160 Notes 1) Disposal of office building The profit of 45,000 is in respect of a freehold office building that was sold on 30 June 2020 for 380,000. The chargeable gain on sale has been computed to be 45,500. 2) Bank interest received The bank interest was received on 31 March 2021 and is the amount accrued to that date. The bank deposit is held for non-trading purposes. 3) Professional fees Professional fees are as follows: Accountancy and audit fee 5,870 Legal fees in connection with the issue of share capital 8,700 Legal fees in connection with the issue of loan notes (N.6)_6,400 Legal fees in connection with fine for breach of health And safety legislation 900 21,870 4) Repairs and Renewals The figure of 28,990 for repairs includes 9,800 for constructing an extension to the company's manufacturing premises and 5,600 for repainting the interior of the company's offices. 5) Other expenses Other expenses include 2,310 for entertaining customers and a qualifying charitable donation of 500. 6) Interest payable Shisham limited issued loan notes on 1 October 2020. The capital raised was used for trading purposes. Interest of 24,740 in respect of the first six months of the loan was paid on 31 March 2021. 7) Maximum capital allowances available for the financial year ended 31 March 2021 are 25,100. Required: a) Assess Shisham Limited's trading profits for the year ended 31 March 2021. Start with the profit before taxation of 335,160 and list all of the items in the statement of profit and loss indicating by the use of a zero (0) any items that do not require adjustment. Assume that the company claims maximum available capital allowances. b) Assess: sbisbam Limited's taxable total profits for the year ended 31 March 2021. Sbisbam Limited's corporation tax liability for the year ended 31 March 2021.