The following is the Trial Balance of Rufunsa Limited as at 31 December 2017 You are given the following additional information relating to the year ended 31 December 2017. 1. The rent amount of K13,000 was paid on 1st December 2017 for the month of January 2018 2. The motor vehicle is depreciated using straight line method at 20% per annum on cost. 3. Closing stock as at 31st December 2017 was K100,000 4. An invoice of K15,000 for electricity relating to services provided in October 2017, was received in January 2018 and is not reflected in the above trial balance. 5. The balance due from Mumbwa Ltd has been assessed and found that 50% of the balance is doubtful and may not be recovered. 6. Required: Prepare the following financial statements of Rufunsa Ltd for the year ended 31 December 2017. 3. Statement of comprehensive income. [13 marks] 4. Statement of financial position. [12 marks]