The following information relates to Dunadeal Ltd at 30 June 2019:

Share capital 100 000 10% cumulative preference shares issued at $1 each 200 000 ordinary shares issued at $1 each	$100 000 200 000
General reserve (balance 1 July 2018) Retained earnings (balance 1 July 2018)	55 000 50 000
Revenue	$1 550 000
Profit before income tax (and items listed below)	$190 000
Interest Expense	$23 000
Paid damages on lawsuit	$50 000
Gain on sale of property, plant and equipment	$105 000

Additional information

During the year ended 30 June 2019:

(a) Directors declared and paid dividends of 5% on the preference shares and 10c per share interim on ordinary shares.

(b) Assume the tax rate is 30% for estimating income tax expense.

Required

A.  Prepare a statement of profit or loss and other comprehensive income for the year ended 30 June 2019 in accordance with current accounting standards.

B.  Prepare a statement of changes in equity for Dunadeal Ltd for the year ended 30 June 2019.