The following information was taken from the books of MLOCHIE CC on 30 June 2017,the end of the financial year: The following must still be taken into account: 1. Insurance has been paid until 31 August 2017. 2. The investment in VBS Bank was made on 1 January 2017. 3. Rent income includes R368 for July 2017. 4. Water and electricity has been paid until May 2017. 5. Depreciation must be provided as follows: 5.1 Vehicle at 15% per annum on the straight-line method 5.2 Machinery at 10% per annum on the diminishing balance method 6. Sales amount includes VAT of R117 696 . 7. Interest on mortgage bond must be adjusted. 8. Land and building were bought for R100 000 on 1 August 2016 and was revalued on 31 May 2017 for R120 000. Both the purchase and the revaluation were not recorded. 9. Income tax is levied at 28%. REQUIRED: Use the above trial balance and information given to prepare the statement of comprehensi income of MLOCHIE CC for the year ended 30 June 2017. [30] The following information was taken from the books of MLOCHIE CC on 30 June 2017,the end of the financial year: The following must still be taken into account: 1. Insurance has been paid until 31 August 2017. 2. The investment in VBS Bank was made on 1 January 2017. 3. Rent income includes R368 for July 2017. 4. Water and electricity has been paid until May 2017. 5. Depreciation must be provided as follows: 5.1 Vehicle at 15% per annum on the straight-line method 5.2 Machinery at 10% per annum on the diminishing balance method 6. Sales amount includes VAT of R117 696 . 7. Interest on mortgage bond must be adjusted. 8. Land and building were bought for R100 000 on 1 August 2016 and was revalued on 31 May 2017 for R120 000. Both the purchase and the revaluation were not recorded. 9. Income tax is levied at 28%. REQUIRED: Use the above trial balance and information given to prepare the statement of comprehensi income of MLOCHIE CC for the year ended 30 June 2017. [30]