The following ledger accounts balances are obtained from the records of AB Electronics Ltd. for the year ended 31st December 2018; Drawings 15,000, Sales 261,000, Buildings 200000, Purchase Return 4,000, Furniture 100,000 S/Creditors 35,000, General expense 3000, Interest 2,500, Opening Stock(1-1-18) 25000, Purchase Discount 2500, Sundry Debtors 20,000, Owner's Equity 300,000, Cash in hand 5,000, Loan 40,000, Cash at Bank 15,000, Bank overdraft 20,000, Purchases 160,000, Carriage in 20000, Advertisement 5,000, Stationery 5,000, Rent 4,000 Insurance 3,000, Salaries 10000, Machineries 150,000, Sales Return 2000, Bad debts 1,000, Carriage out 2,500, Office Supplies 3500. i. Prepare a Trail Balance ii. Prepare an Income Statement (value of closing stock was Tk.85000) for the year ended 31st December 2018;