The unadjusted trial balance for the year ended 30 June 2020 for Churchill Trading is presented below. The business employs a periodic inventory system, and classifies other expenses as selling and distribution expenses, administrative expenses and finance costs. Churchill Trading Unadjusted Trial Balance For The Year Ended 30 June 2020 Credit $ Debit 13.312 15,944 35.976 1,440 2.500 23,741 $ 7,024 5,952 Additional information: . 2.488 7.760 2.500 9,120 45.012 Cash at bank Accounts receivable Inventory (1 July 2019) Prepaid insurance Prepaid rent Store equipment Accumulated depreciation - store equipment Delivery vehicle Accumulated depreciation - Delivery vehicle Accounts payable Uncated other income Loan payable Capital Drawings Sales Sales returns and allowances Discount received Purchases Purchase returns and allowances Freight-inwards Sales salaries expense Freight-outwards Discount allowed Rent expense Interest expense Office salaries expense The prepaid insurance expired during the year was 5860 The prepaid rent relates to the months April to August 2020 The sure equipment is depreciated at a rate of $2.800 per year: delivery vehicle $900. Uneamed other income that was earned during the period amounted to $1.000. Accrued interest on the loan payable is $700 A physical count determined the cost of inventory on land at 30 June 2020 was $29.144 13.240 225.618 8.880 648 122.080 7.776 2,504 26.208 1.216 1,088 4.500 1.296 28.096 307.976 Required: i Present a detailed income statement for the year ended 30 June 2020. ensuring the slalement provides the detailed calculation of cost of sales and classifies all other experises as one of selling and distribution expenses, achinistrative expenses and finance costs. ii. Present the statement of changes in equity for the year ended 30 Jule 2020. You may assume no capital contributions were made during the year. iii. Present a classified statement of financial position as at 30 June 2020. Classify assets and liabilities as current or non-current! $ $ 307.976