You are the assistant accountant at Coconut Plantations Pty Ltd, and you have prepared the following statement of profit or loss for the year ended 31 December 2018.

Additional information
• The other income comprises $1200 of interest income.
• Administrative expenses include $30000 for the depreciation of office equipment.
• Finance expenses of $18000 represent interest expense on a bank loan.
• Administration expenses include the write-off of the amount owed by a major customer ($38000) who has gone bankrupt.

Required
The accountant has asked you to produce the following financial information:
a. Gross profit
b. Profit before interest
c. Profit before material items
d. Earnings before interest, tax and depreciation.

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Coconut Plantations Pty Ltd Statement of profit or loss for the year ended 31 December 2018 Sales Cost of sales Other income Warehousing expenses Distribution expenses Sales and marketing Administration expenses Finance expenses Profit before income tax $1 675 000 1 025 000 1500 57 000 20 000 105 000 115000 18000 $ 336500