The following list of ledger balances is extracted from the books of A Store, a sole trader as at 31 December 20x9. A Store Trial Balance as at 31 Decemt 153,697 LL LLL Capital 300,000 Stock at 1 Jan 20x9 20,634 Purchases 56,231 Sales Sales returns 3,518 Purchases returns 5,095 Carriage inwards 11,483 Carriage outwards 2,310 Discount allowed 2,548 Discount received 3,066 Machinery (cost) 83,300 Office equipment (cost) 67,300 Cash at bank 184,341 Debtors NL 42.9401 Creditors 18,102 Bad debts 6,909 Commission expense 17,322 Salaries 38,082 Insurance 3.457 Rates 1.774 General expenses 3,949 Provision for depreciation: - Machinery at 1 January 20x937.730 - Office equipment at 1 Jan 20x9 26,500 Bad debts recovered Drawings 13,176 Provision for bad debts 4,560 524 Additional information: 1. Stock at 31 December 20x9 was valued at $30,898 2. $1,418 was further written off as bad debts at the end of the year ended 31 December 20x9. 3. At 31 December 20x9, there was insurance amount of $1,375 paid in advance. 4. At 31 December 20x9 there was $1,464 commission expense and $3,675 salaries accrued respectively. 5. Depreciation on machinery was 10% per annum on cost and on office equipment was 5% per annum on cost. There was no acquisition or disposal of fixed asset during the year ended 31 December 2009. 6. During the year, Anne had taken goods costing $1,656 for her own use. No record has been made for this. 7. After review, Anne decided to remain the same amount of provision for bad debts for year ended 31 December 2009 as the beginning of the year. Required: Prepare the income statement for Anne's Store for the year ended 31 December 20x9 and a balance sheet as at that date. Note: Round up the figures to the nearest dollar