The following are summarised statements for Hollie's Fashion Wholesalers Ltd for 2021: Income statement for the year ended 31 December 2021 Hollie's Fashion Wholesalers Ltd Revenue Cost of Sales Opening inventory Purchases less closing inventory Gross profit Expenses Operating profit Interest Profit before tax Tax Profit for the year 000 000 690 158 545 -135 Statement of financial position as at 30 December 2021 Hollie's Fashion Wholesalers Ltd Assets Non-current assets Current assets Inventories 000 290 135 Trade receivables Bank 93 8 236 Total assets 526 Equity and liabilities Equity 1 ordinary shares 275 Retained earnings 116 391 Current liabilities Trade payables 135 135 Total equity and liabilities 526