A list of account balances for Mr Zheng’s business (Futronics) at the end of the 30 June 2017 reporting period is shown below. Prepare the statement of profit or loss for the reporting period, and the equity balance at the end of the year.

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Cash Receivables Office supplies Prepaid insurance Plant and equipment Accumulated depreciation - plant and equipment Accounts payable Salaries payable Rent received in advance Share capital Retained earnings. Service revenue Rent revenue Supplies expense Rent expense Insurance expense Depreciation expense Salaries expense $'000 26 000 14000 1200 650 125 000 29 300 20 600 6 000 12 000 75 000 16000 178000 14000 17 500 29 500 2100 20 650 114300