Use the following information to prepare Abonis 2018 financial statements. Please divide the operating expenses between the two departments Sales & Marketing Department and Administration Department:

Cost of Goods Sold	$209,000
Marketable securities	5,000
Property, plant and equipment	210,000
Car Lease Expense (sales Dept)	7,000
Retained earnings - opening	25,000
Office Equip Depreciation Expense	40,000
Long-term borrowings	50,000
Revenue	420,000
Short-term borrowings	40,000
Sales Salary expense	66,000
Share capital	100,000
Trade receivables	45,000
Trade and other payables	20,000
Accumulated depreciation	78,000
Cash	16,000
Admin Salary expense	38,000
Inventories	65,000
Finance Costs	14,000
Prepaid expenses	5,000
Income tax expense	13,000

Required Statements:

1. The statement of income
2. The statement of changes in Equity
3. The statement of financial position.