The Cane Growers Enterprise $($CGE$)$ is a government owned enterprise which is legislated to generate its own income which it uses to cover capital and recurrent expenditures. CGE is an agent of the National Agriculture Association. The Young Famers association controls $25\%$ of CGE. Outside of these powers, its government also provides CGE with monthly subventions to cover its recurrent expenditures based on CGE budgetary demands and the legal allocations by the government. CGE uses ISPAP to prepare its financial statements. You were asked by to government to assist CGE with its accounting processes, which involved the recording, generation and preparation of accounting transactions and final accounts as stipulated by the IPSASs. Collaborating with a team of qualified and experienced accountants, you were able to prepare the following accounting information of GCE for the year ended December $2022.$ Details $20222021$ Amount $$000$ Amount $$000$ Dividends received from equity investments $14,2007,500$ Service Charge on loans to beneficiaries $70,40060,500$ Gross margin on sale of sugar canes $367,308255,400$ Interest on Loans to Members $7,4008,400$ Interest on investments $14,70015,000$ Miscellaneous Income $6070$ Membership Fees $100,02080,000$ Grants Received $50,00060,000$ Grants to farmers $350,0000$ Donations received $10,00020,875$ Penalties and Fines for breach of Association rules $330700$ Cost of Seminars for Farmers $7,0006,000$ Royalties for use of lands $4,0003,500$ Warehouse Storage $6,0005,500$ General Cleaning & Sanitation $5001,500$ Property Rates $1,0001,000$ Depreciation of Fixed Assets $700700$ Accounting and Consultation Cost $5,0004,500$ Advances to Staff $68018406$ Salaries to Staff $($Gross$)200,000125,000$ Staff Contribution to Social Security & Other Statutory Contributions $1,000750$ CGE$$s Contribution to Social Security & Other Statutory Contributions $3500108,625$ Gain on Sale of Equipment $2,0000$ Proceed on the Sale of Equipment $12,8000$ Plant, Property and Equipment $($at cost$,$ after disposal$)450,000480,000$ Accumulated Depreciation $47,70047,000$ Short $-$term investments $70,00030,000$ Trade and Other Payables $5,1606700$ Cash and Cash Equivalent $2,5001,500$ Inventory at year end $181,018102,414$ Receivables $6,50010,500$ Development Bond Issued $150,000200,000$ Contribution from Other Government Entities $75,00075,000$ Contribution from Non $-$controlling entities $25,00025,000$ Notes $1.$ Dividend receivable as at $31$ December $2021$ was $$5,000,000$ and Dividend receivable as at $31$ December $2022$ was $$2,000,000.2.$ CGE receives an annual transfer of $$30,000,000$ from the National Agricultural Association for the operating of the industry. $3.$ Service Charge Outstanding as at $31$ December $2022$ was $$500,000.4.$ Interest outstanding from Loans to Members as of $31$ December $2021$ was $$2,000,000.$ Interest receivable at $31$ December $2022$ was $$6,000,000.5.$ All membership fees were paid in full. In $2022,$ twenty $(20)$ members prepaid their membership for eight $(8)$ months at $$15,000$ per month. $6.$ Twenty percent $(20\%)$ of the grants were not received at the end of each year. $7.$ To secure adequate storage in $2022,$ payments of $$3,000,000$ were made in advance. $8.$ Bond issued in $2021$ was issued for $$200,000,000.$ There was a repayment of $$50,000$ in $2022.9.$ All statutory contributions were paid at year end. Required: Prepare the Statement of Financial Performance, Statement of Financial Position and Cash flow for $2022$ in line with ISAPS. Expenses should be classified by nature. No comparative data required for the Cashflow. $(50$ marks$)$