ACTIVITY -2- Following information is available for the year 2018 of national detergent SAOG. You are required to prepare Statement of comprehensive income statement. Revenue Cost of sales Selling and distribution expenses 21,813,781 15,475,360 4,046,401 Administrative and general expenses 1,036,448 Other operating income 37,010 Finance costs 226,318 Directors' remuneration 27,000 Taxation expenses 192,018 Property, plant, and equipment 10,113.129 Inventories 3,352,713 Trade and other receivables 5,174,072 Assets held-for-sale 5,785,796 Cash and bank balances 645,907 Share capital 1,701,250 Share premium 364,263 Legal reserve 567,083 Revaluation reserve 7,322,250 Retained earnings (opening) 3,065,666 Long term loans 3,540,338 Current portion of long-term loans 748,068 Short term borrowings 1,786,146 Trade and other payables 5,010,253 Taxation payable 119,054