The following trial balance was extracted from the accounts of B Wright as at 31 December 2014. From this, construct a statement of comprehensive income for the year ended 31 December 2014 and a statement of financial position as at the year-end date.

Additional information:
(i) Inventory in trade as at 31 December 2014 was valued at £5,670.
(ii) Salaries accrued as at 31 December amount to £703.
(iii) Rent owing at the year-end was £540.

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Equipment Machinery Sales Purchases Insurance Salaries Rent Opening inventory Trade receivables Trade payables Bank Capital Drawings 11,400 5,340 31,980 1,013 6,409 3,870 3,231 4,231 891 6,883 75,248 45,312 5,436 24,500 75,248