The following Trial Balance was extracted from the books of D Martin, a sole trader, Additional information at 31 December 2022: (1) Inventory was valued at $24,900 (2) Prepayments were: (3) Accrued charges were: (4) Depreciation to be provided on cost price at the following rates per annum: (5) The item Proceeds from Sale of Motor Vehicle shown in the trial balance represents cash received from sale of motor vehicle on 1 January 2022 . The motor vehicle was purchased on 1 January 2019 at a cost of $5,000. Depreciation rates have remained the same since 1 January 2015. (6) The provision for doubtful debts is to be adjusted to 5% of trade receivables. REQUIRED: Prepare for D Martin: a) Income Statement for the year ended 31 December 2022. (15 marks) b) A Statement of Financial Position as at 31 December 2022 . (10 marks)