Which TWO of the following items would be recognised as a provision or a liability in Sun Co's statement of financial position as at 31 July 20X5? Due to the loss of a key customer in June 20X5, Sun Co expects to make an operating loss of $650,000 in the year to 31 July 20X6. On 1 July 20X5, the directors of Sun Co decided to raise finance by issuing 100,000 1 equity shares at a premium of $0.50. On 21 July 20X5, the board of Sun Co decided to close down a division and a detailed plan was drawn up on this date. The communication of the closure was made to the affected parties after the year end. Sun Co purchased and installed an asset on 1 August 20X4. Sun Co is required to dismantle the asset and repair any associated environmental damage at the end of its useful life. The dismantling and repairs will take place on 31 July 20X8 and will cost Sun Co $4m. The tax department of Sun Co have estimated the tax charge on its profits for the year ended 31 July 20X5 as $325,000