2. Ms Jemima is a small trader who does not keep double entry records. The following is a summary of the transactions in her bank account for the year ended June 30, 2017: Bank Summary Balance ba 2 600 Trade Payables 19 500 Trade Receivables 56 400 Wages and Salaries 18 000 Loan 20 000 Furniture and Fittings 20 000 Rates and Insurance 5 400 Distribution Expenses 9600 Balance eld 6 500 79.000 79000 All the proceeds of sale had been paid into bank except for $15 000 from which Ms Jemima paid $3 000 for General Expenses; $4 200 for purchase of goods and bought supplies for her home. Other assets and liabilities at the start and end of the financial year were as follows: July 1, 2016 June 30, 2017 Equipment and Machinery 42 000 39 000 Trade Receivables 7100 8 200 Trade Payables 4200 3 500 Wages and Salaries owing 2 800 1 400 Rates and Insurance paid in advance 400 700 Inventory 5 000 9 800 REQUIRED: The final accounts (Income Statement and Statement of Financial Position) of Ms Jemima for the year to June 30, 2017. SHOW ALL WORKINGS