The following information was obtained from the financial records of Bulmer Ltd for the year ended 30 June 2020. Prepare the statement of profit or loss for the year ended 30 June 2020. Retained earnings 1 July 2019 $180 000 Sales revenue from continuing operations for the year $1 200 000 Finance costs $49 000 Estimated income tax expense for the year ended 30 June 2020 $101 000 Interim dividends paid (ordinary shares) $40 000 Write off research and development costs $8 000 Share capital (1 million $1 shares) $1 000 000 Expenses from ordinary activities (excluding finance costs) $500 000 Required: a) Prepare the statement of profit or loss for the year ended 30 June 2020. (5 marks) b) Prepare statement of changes in equity for the year ended 30 June 2020. (5 marks)