• The following are the balances of A. Branks at close of Business on February 28, 2017. $ Purchases 11 280 Sales 19 740 Cash in Hand 210 Cash in Bank 1 140 Capital account 1 March 2016 9 900 Drawings 2 850 Office Furniture 1 440 Rent 1 020 Wages and Salaries 2 580 Discount allowed 690 Discount Received 360 Accounts Receivable 4 920 Accounts Payable 2 490 Inventory 1 March 2016 2 970 Provision for bad and doubtful debts 270 Delivery Van 2 400 Van running costs 450 Bad debt written off 810 Additional Notes (a) Inventory 28 February 2017 $3,510. (b) Wages and salaries accrued at February 2017 $90. (c) Rent prepaid at 28 February 2017 $140 (d) Van running costs owning at 28 February 2017 $60. (e) Increase the provision for bad and doubtful debts by $60. (f) Provide for depreciation as follows: Office furniture $180; Delivery van $480. YOU ARE REQUIRED TO: A. Extract A. Branks Trial Balance as at February 28, 2017 (10 marks) B. Prepare A. Branks Income Statement for the year ended February 28, 2017 (25 marks) C. Prepare A. Branks Balance Sheet as at 28 February 2017 (17 marks)