Shown below is Wellington's Retailer Ltd. Trial balance for the period ended March 31, 2020. Items $ Dr $ Cr Accounts payable 3,300 Accounts receivable 8,320 Advertising expense 5,000 Bank loan 15,000 Cash 24,250 Cost of sales 82,000 Equipment 83,000 Insurance expense 1,300 Intangibles 6,300 Inventory 21,500 Other expense 6,250 Rent expense 2,500 Repairs expense 15,000 Opening retained earnings 12,500 Salaries expense 35,000 Sales 167,420 Share capital 100,000 Dividends paid 7,800 298,220 298,220 Required Using the above information, prepare the Statement of profit or loss and the Statement of retained earnings for Wellington Retailer Lid for the year ended 31 March 2020. Use the results from your statements to answer the following FOUR questions: Gross profit amount as at 31 March 2020 Total expenses amount as at 31 March 2020 Net Profit amount as at 31 March 2020 Retained earnings amount as at 31 March 2020