The Eagle Theatre Club has been in existence for a number of years. Members pay annual subscription fee of N$ 120, which allow them to join trips to professional productions at a reduced rate. On the 31 May 2018, the clubs assets and liabilities were as follows: Motor vehicle valued at N$ 14 500, Office equipment valued at 2 800, Cash on hand N$ 80, Bank balance N$ 3 100 (overdrawn), Saving with Swabou N$ 100, Subscription in arrears N$ 1 260, Page 17 of 18 Bar Creditor N$ 2 440 and Subscription received in advance N$ 200. The club is also running a bar to raise more funds for the club activities. The following information occurred throughout - 31 May 2019. Receipts Subscriptions received through the bank - For year ended 31 May 2018 1 060 - For year ended 31 May 2019 12 900 - For year ended 31 May 2020 570 Bar Sales 9 800 Donation Received 1 600 Payments Payment for bar supplies 5 200 Wages: Club Manager 6 300 Wages: Bar lady 1 220 Bar expense 810 Repairs theatre building 960 Theatre secretary expense 750 Transport expense for club members 460 Club telephone expense The following information as at 31 May 2019 180 Bar Inventory 1 380 Drawings by members 11 400 Bar supplies Owing 1 390 Depreciation expense: Motor Vehicle 600 Depreciation expense: Office equipment 250 REQUIRED a) Calculate accumulated capital as at 31 May 2018 03 Marks b) c) Prepare bar trading as at 31 May 2019 Prepare income and expenditure statement as at 31 May 2019 12 Marks 17 Marks d) Prepare statement of financial position as at 31 May 2019 18 Marks