What am I required to do in this assignment? Task 1: Al Salma Trading LLC is a registered Company in Muscat Securities Market, Sultanate of Oman doing business in manufacturing industry since 1990. It has the following financial information for the year ended 31st December 2019 Rent Transactions RIALS Cost of goods sold 243,560 Partner's remuneration 5,000 Sponsorship fees 6,000 1,900 Provision for doubtful debts 780 Electricity charges 1,890 Exchange losses 450 Motor expenses 1,470 Purchase of Motor Vehicles 45,000 Salaries 36,000 Return inwards 470 Carriage outwards 1,320 Sales 740,000 Telephone bill 1,500 Slow moving stock 3,840 Depreciation on Buildings @ 4% 4,000 Depreciation on Motor vehicles @ 33.33% 2,700 Staff gratuity fund 39,450 Donations (listed organizations) 1,560 Insurance of vehicles 2,340 Additional Information: 1. provision for slow moving stock Omani Rials 570 2. Outstanding Electricity expenses Omani Rials 500 3. Outstanding Telephone bills Omani Rials 300 4. Fee paid to an Accountant consultant Omani Rials 1,200 Fee paid to Tax consultant for tax purposes are Omani Rials 3,100 6. Al Salma Trading LLC's Tax paid in Advance is Omani Rials 1,500 7. Outstanding Rent Omani Rials 200 8. Obsolete stock provisions were estimated at Omani Rials 720 9. Maintenance provisions at Omani Rials 10,000 10 Losses carry forward from previous year are Omani Rials 25,000 Required: 1. As a qualified accountant, Classify the above Additional Information as Allowed, Not Allowed and partly Allowed items under The Law of Profit Tax on Commercial and Industrial Establishments Royal Decree No.77/89, amended by Royal Decree 9/2017. 2. Compute the Corporation Tax payable for the year ending 31st December 2019