The youne farmers association controls 25\% of P(A Notes relating to 2021 1. The Accountant for PIA records the transaction on a cash basis. For the 2020 audit adjustments were made to reflect the basis required for ISPAS. The audit was completed for 2020 , therefore, those figures are final. The 2021 figures are not yet finalized. 2. Dividends received included $4,200,000 relates to amounts receivable on 31 December 2020. Dividend receivable as of 31 December 2021 is $1,100,000. 3. PIA receives an annual transfer of $30,000,000 for the National Agricultural Association for the operating of the industry. 4. Service Charge Outstanding as at 31 December 2021 was $442,000. 5. Interest receivable on Loans to Members as at 31 December 2020 received in 2021 was $2,080,000. Interest receivable at 31 December 2021 was 5,000,000. 6. All membership fees were paid in full. Ten members prepaid their membership for 6 months at $12,000 per month. 7. Only 80% of the Grants Committed were received. The Grants are normally received on a quarterly basis. 8. To secure adequate storage in 2021, payments of 1,612,000 was made in advance. 9. All the surplus, except 25% which are for several associates, are returned to the National Agriculture Association. 10. Bond issued in 2020 was issued for 200,000,000. There was a repayment of $50,000 in 2021. 11. All statutory was paid at year end Required: i. Statement of Financial Performance, Statement of Financial Position and Cash flow for 2021 in line with ISAPS. Expenses should be classified by nature. No The youne farmers association controls 25\% of P(A Notes relating to 2021 1. The Accountant for PIA records the transaction on a cash basis. For the 2020 audit adjustments were made to reflect the basis required for ISPAS. The audit was completed for 2020 , therefore, those figures are final. The 2021 figures are not yet finalized. 2. Dividends received included $4,200,000 relates to amounts receivable on 31 December 2020. Dividend receivable as of 31 December 2021 is $1,100,000. 3. PIA receives an annual transfer of $30,000,000 for the National Agricultural Association for the operating of the industry. 4. Service Charge Outstanding as at 31 December 2021 was $442,000. 5. Interest receivable on Loans to Members as at 31 December 2020 received in 2021 was $2,080,000. Interest receivable at 31 December 2021 was 5,000,000. 6. All membership fees were paid in full. Ten members prepaid their membership for 6 months at $12,000 per month. 7. Only 80% of the Grants Committed were received. The Grants are normally received on a quarterly basis. 8. To secure adequate storage in 2021, payments of 1,612,000 was made in advance. 9. All the surplus, except 25% which are for several associates, are returned to the National Agriculture Association. 10. Bond issued in 2020 was issued for 200,000,000. There was a repayment of $50,000 in 2021. 11. All statutory was paid at year end Required: i. Statement of Financial Performance, Statement of Financial Position and Cash flow for 2021 in line with ISAPS. Expenses should be classified by nature. No