The extract of trial balance of Black Hole Ltd at 30 June 2018 was as follows: Accounts Debit Credit Share capital (ordinary shares issued at $2, $ 200,000 fully paid) Retained earnings (1/7/17) 128,400 Revaluation surplus 85,000 Mortgage loan 250,000 Bank overdraft 149,200 Accounts payable 82,300 Current tax liability 52,100 Provision for employee benefits (annual leave) 34,200 Deferred tax liability 18,400 Allowance for doubtful debts 12,800 Accumulated depreciation - plant and 42,500 equipment Cash $ 95,500 Accounts receivable 65,000 Inventory Plant and equipment 87,700 Inventory Plant and equipment Land Buildings Deferred tax asset 87,700 222,500 220,000 380,000 39,800 Sales revenue Cost of sales 825,000 450,000 Administrative expenses Other expenses 265,000 10,000 Interest revenue 2,500 Dividends revenue 3,500 Income tax expense 50,400 Total $1,885,900 $1,885,900 Additional information: (a) All assets are carried at cost, except for land which is carried at valuation. (b) During the year, 50,000 shares were issued at an issue price of $2 each, payable in full on application. (c) On 30 June 2018, the directors revalued land. The revaluation was based on an independent valuation received from FJ Holden, Registered Valuer. The income tax expense Total 50,400 $1,885.900 Additional Information: $1,885.900 (a) All assets are carried at cost, except for land which is carried at valuation. (b) During the year, 50,000 shares were issued at an issue price of $2 each, payable in full on application (c) On 30 June 2018, the directors revalued land. The revaluation was based on an independent valuation received from FJ Holden, Registered Valuer. The valuation was based on fair values. The carrying amounts of land before the revaluation was $195,000. Tax rate is 30%. (d) The total after-tax profit for the year presented on the Statement of Profit or Loss is $55,600 Required: in the Templates provided below: a) Prepare a statement of financial position for Black Hole Ltd as at 30 June 2018 to comply with AASB 101. b) Prepare a statement of changes in equity for Black Hole Ltd for the year ended 30 June 2018, according to the requirements of AASB 101. Show any workings. (30 marks)