The adjusted trial balance of Taringa Pty Ltd is shown below. Using the information from the adjusted trail balance, prepare the following for the year ended on 31 July 2020: (A) Statement of profit and loss. (B) Statement of financial position. Taringa Pty Ltd Adjusted trail balance 31 July 2020 Credit Debit $5,400 1,000 2,200 1,800 15,000 Cash Prepaid expenses Accounts receivable Office supplies Office equipment Accumulated depreciation - Office equipment Accounts payable Interest payable Salaries payable Bank Loan Service revenue received in advance Share capital Retained earnings Dividends paid Service revenue Office supplies expense Depreciation expense Rent expense $4,000 900 100 1,000 2,000 5,000 12,000 4,400 2,500 3,500 600 2,500 1,900 $32.900 $32,900