The following trial balance was extracted from the books of D. Ochieng on 30^th April 2021.

	Sh. 000	Sh. 000
Sales		128,200
Purchases	89,500
Carriage inwards	1,600
Carriage outwards	1,000
Return inwards	24,000
Return outwards		1,600
Wages	3,000
Rent	2,000
Shop premises	50,000
Fixtures and fittings	13,000
Debtors	10,500
Creditors		12,800
Bank	10,400
Cash	4,800
Electricity	1,800
Drawings	10,200
Capital		43,100
5-year loan from the bank		44,600
Stocks as 1st May 2021	6,000
General expenses	2,500
	230,000	230,000

Additional Information:

1. Stocks on 30^th April 2021 amounted to Sh. 89 million.
2. Rent paid in advance at 30^th April 2021 was Sh. 200,000
3. Electricity due on 30^th April 2021 amounted to Sh. 300,000
4. Wages and salaries outstanding on 30^th April 2021 amounted to Sh. 15 million.
5. The trade debtors figure includes Sh. 3 million, which is to be written off.
6. D. Ochieng took goods valued at Sh. 20,000,000 for personal use.
7. The loan attracted interest at the rate of 20% per annum.
8. The depreciation is to be provided on straight line basis as follows:

Shop premises 25%

Fixtures and fittings 20%

Required:

1. Income statement for the year ended 30^th April 2021
2. Statement of Financial Position as at 30^th April 2021