The following list of accounts appeared on XYZ Traders on 31 December 2021: 1. The following balance appeared on XYZ Traders on 1 January 2021: Capital R500 Accounts payable R2500 Equipment at cost R600 2. The profit for the year ended 31 December 2021 was R2000 3. The owner took R1200 cash from the business for personal use during the current financial year. 4 Inventory balance on 1 January 2021 was R1000 Required: Prepare the following for XYZ Traders 1.1 Statement of Financial position as at 31 December 2021 1.2 Statement of change in equity for the year ended 31 December 2021