Singapore Ltd, has been manufacturing and sdling kid's toys for the last two years. The company commenced its operations on 1 Jan 2010. There was no other cost related to the share issue. Forthe year ending 31 Dec 2020, the company recorded the following aggregate transactions: Accounts receivable $103, ldvertising expense 3 00,300 Note receivable 30,000 lCost of goods sold 500,000 Merchandise inventory 201,000 Unearned rent revenue 4,000 |[Sash 00,300 Insurance expense 2,500 Paidin capital 020,000 Unexpired insurance 2,300 Building 300,000 Accounts payable 52,500 Accumulated depreciation, Interest expense 000 building 20,000 Telephone expense 2,000 Land 100,200 Notes payable 20,000 Sales 030,000 Net income 110,500 Salary expense 124,300 Miscellaneous expense3,4J00 Retained earnings Maintenance expense 4,300 December 31, 2010 104,000 December 31 2020 224 500 The following additional information was noted during the preparation of nancial statements for the year ended 30 Dec 2020: a. Salaries of $5,200 have been earned by employees for the last half of December 2020. Payment by the company will be made on the next payday, January 2,2021. b- Interest at 10 percent per annum on the Note receivable has accrued for 2 months and is expected to be collected by the company when the Note is due on January 31, 2021. c. Part of the company's building was rented to a tenant on November 1, 2020, for 0 months, payable in advance. This rent was collected in cash and is presented by the item labeled Unearned Rent Revenue. d. Depreciation on the building for 2020 is $0,100. e. Cash dividends of $00,000 were declared in December 2020, payable in January 2021. f. Income tax at 40 percent applies to 2020, which is all to be paid in the early part of 2021. Required Prepare the following corrected nancial statements: 1. Prepare a statement of prot or loss. (4 marks} 2. Prepare a statement of changes in equity for Singapore Ltd. in accordance with the requirements of EASE 101; {4 marks} .3. Prepare a statement of financial position for Singapore Ltd. in accordance with 0.0513101. Use the currentfnoncorrent presentation format; [0 marks} 4. Many investors as well as public are now concemed about organization's social and environmental impacts. Therefore, more and more organizations are now providing various social and environmental infom'ration. The CEO of Singapore Ltd has asked you to identify what types of social and environmental information Singapore Ltd should provide to il'tEiI stakeholders. Identify four important types of social and environmental