The following information was taken from the trial balance of the books of Windhoek Secondary School Mini-Market on December 31,2018

Cash	13,000
Sundry debtors	10,000
Bill receivable	8,500
Opening stock	45,000
Building	50,000
Furniture and fittings	10,000
Investment (Temporary)	5,000
Plant and Machinery	15,500
Bills payable		9,000
Sundry creditors		20,000
Owners’ capital		78,200
Owners’ drawings	1,000
Sales		100,000
Sales discount	400
Purchases	30,000
Freight in	1,000
Purchase discount		500
Sales salary expenses	5,000
Advertising expenses	4,000
Miscellaneous sales expenses	500
Office salary expenses	8,000
Misc. general expenses	1,000
Interest income		1,000
Interest expenses	800
	208,700	208,700

Closing stock on December 31, 19 … was $10,000

Required: Prepare income statement/trading and profit and loss account and balance sheet from the above trial balance in report form.