You have the following data about the statement of financial position of Sanad Company on December 31, 2020

Assets		Liabilities and Equity
Fixed Assets	2000000	Owners Equity	2200000
Current Assets		Current liabilities
Cash	100000	Creditors	400000
Inventory	200000
Receivable Accounts	300000
Total assets	2600000	Total Liabilities and Equity	2600000

If the total realized profits amounted to (write the last six numbers of your university ID) BD, and the percentage of the materiality of the change is 5% of the total realized profits.

Required:

1. Determine the amount of the materiality of the change?

2. Distribution of the amount of the materiality of the change on the items of the financial position, assuming the following percentages:

Items	percentages
Fixed Assets	38%
Cash	2%
Inventory	4%
Receivable Accounts	6%
Owners Equity	40%
Creditors	10%