The following appeared in the ledger PORTO Manufacturing Company Ltd after the preparation of the Incorme Statement. The following additional information was provided: 1) The Authorized Capital of the husiness is 300,000 Ordinary Shares of Sh. \( 0.50 \) each and \( 75.0008 \% \) preference shares of \( \mathrm{Sh} .1 .00 \) each. 2) A final dividend of Sh.0 625 per ondinary share is proposed. 3) The Reserve for Increased Replacement costs of Fixed Assets is to be increased to Sh.20,000. REOUIRED: (i) A profit and Loss Appropriation Account for the year to \( 31^{\text {" }} \) December 2016. (10 Marks) (ii) Statement of Financial position as at the same date. (9 Marks)