Tho man obpectwe of this exercise is to as sist the leaver to begin so underatand: 1. The deference between measurement of financial performance and francial value. 2 The dffecence betaeen the Profit and Loss Statement, and the Balance Sheet. Task1 Table 1 below provides arrounts of intome and expendiare that a bicycle retal and repair shop incured in a year, You are not given which leems are experses and which tems are income but there are lust enough cels to acconmodate the informabon. Work out how much profe the bushess earned in the year