The following balances were extracted from the books of Astica Cardhu as at December 31 , 2021: Year end notes: a) Stock at December 31, 2021 was $65,300 however it appears that an additional amount, $2,700 was found in a store room. The amount was deemed material and should be accounted for. b) Depreciate Equipment at 10% on straight line, the motor vehicles at 15% on the straightline basis, fixtures \& Fittings 10% reducing balance basis c) Wages was prepaid $8,000 and rates owing $7,000 d) Commission Received owing $10,000 e) On October 1, 2012, the Astica took goods amounting to $15,000 from the warehouse and continued to do so at the beginning of every month up to March 1, 2022. f) The Provision for bad debts is to be revised to 20% of debtors g) On December 1,2021, Astica rented a section of the premises to Mos Quito at $25,000 per month Required: 1. Prepare the Statement of Profit or Loss for Astica Cardhu. 2. Prepare a Statement of Financial Position for Astica Cardhu Year end notes: a) Stock at December 31,2021 was $65,300 however it appears that an additional amount, $2,700 was found in a store room. The amount was deemed material and should be accounted for. b) Depreciate Equipment at 10% on straight line, the motor vehicles at 15% on the straightline basis, fixtures \& Fittings 10% reducing balance basis c) Wages was prepaid $8,000 and rates owing $7,000 d) Commission Received owing $10,000 e) On October 1, 2012, the Astica took goods amounting to $15,000 from the warehouse and continued to do so at the beginning of every month up to March 1, 2022. f) The Provision for bad debts is to be revised to 20% of debtors g) On December 1, 2021, Astica rented a section of the premises to Mos Quito at $25,000 per month Required: 1. Prepare the Statement of Profit or Loss for Astica Cardhu. 2. Prepare a Statement of Financial Position for Astica Cardhu