The following is a list of balances at 30 June 2018 taken from the General lednor af cc Tradare Additional information: - Closing inventory at 30 June 2018 - R8 000 - Packaging material used for the year - R12 000 - Advertising costs owing on 30 June 2018 - R2 000 Provide for depreciation as follows: - Shop Equipment - 10% pa per annum on net book value - Office equipment 5% per annum on cost Required: After considering the additional information: (a) Prepare an income statement for the year ended 30 June 2018 (b) Prepare a balance sheet as at 30 June 2018