The following is a trail balance of ACC Limited for the year ended 31 December 2014: R BALANCE SHEET ACCOUNTS Capital 250 000 Drawings 4 400 Land and buildings (at cost) 180 000 Vehicles (at cost) 120 000 Furniture (at cost) 15 000 Bank 5 900 Debtors 40 140 Stock ( 1/01/2014) 4 000 Creditors 50 750 Accumulated Depreciation: Vehicles 26 000 Accumulated Depreciation: Furniture 3 000 NOMINAL ACCOUNTS Sales 252 145 Sales returns 615 Commission Income 670 Rent received 1950 Purchases 170 550 Purchases Returns 550 Bad Debts/credit losses 230 Insurance 2 750 Packing material 800 Salaries 38 500 Water and electricity 3300 Additional information: 1. Inventory on 31 December 2014 : Trading inventory R6 500 Packing Material R175 2. Debtor Jacob is insolvent. His debt of R140 has been written off as irrecoverable 3. Provision must be made for depreciation as follows: a. Vehicles 20% on diminishing balance method/reducing balance. b. Furniture 10% Straight Line method. 4. A Debtor, Mr Fletcher who wed R230 finally managed to pay his debt that was previously written off as irrecoverable in 2010. This was not considered in the above trail balance. REQUIRED: Prepare the Statement of Comprehensive Income for ACC Limited for the year ended 31 December 2014