The following trial balance was extracted from the accounting records of Kizima Limited as at 31^st December 2019.

	(Kshs)	(Kshs)
Ordinary Share Capital (@Kshs. 20)		2,500,000
Inventory	250,000
Plant and Machinery (Cost)	2,500,000
Motor Vehicle (Cost)	800,000
Provision for Depreciation of Plant and Machinery		200,000
Provision for Depreciation of Motor Vehicle		160,000
Purchases	3,600,000
Sales		6,000,000
Sales Return	400,000
Purchases Returns		200,000
Wages and Salaries	600,000
Discounts	50,000	40,000
Carriage inwards	25,000
Postage and Telephone	75,000
Carriage and Outward	30,000
Water and Electricity	86,000
Bad Debts written off	15,000
Allowances for Bad Debt		10,000
General Expenses	85,000
Rent and Rates	150,000
Debtors	550,000

Creditors		466,000
Cash in hand	60,000
Cash at Bank	300,000
	9,576,000	9,576,000

You are given the following additional information about Kizima limited:

1. Closing stock on 31^st December 2018 was valued at Kshs. 225,000
2. Depreciation is to be charged at 10% of cost of plant and machinery and 20% of cost of motor vehicles
3. Accrued rent of Kshs. 30,000 and prepaid rates Kshs. 10,000
4. Outstanding electricity expenses is Kshs. 6,000
5. Provision for bad debts is to be increased by Kshs. 3,000
6. The companys share is currently trading at Market price per share of Kshs. 32

REQUIRED:

1. Compile the statement of financial performance and statements of financial position for this company