Can you please answer these questions

You are provided with the following trial balance of Gladstone, a limited liability company, at 31 December 2019. Dr f Cr f Ordinary share capital (50p each) 110,000 5% Preference share capital ($1 each) Share premium 20,000 Sales revenue 5,000 80,000 Discount 400 200 Carriage inwards 1,000 Carriage outwards 800 Receivables and payables 10,000 12,000 Inventory at 1 January 2019 10,000 10% debentures 2022 50,000 Debenture interest paid 5,000 Long term investments 50,000 Premises, at cost 100,000 Machinery, at cost 130,000 Machinery, accumulated depreciation 100,000 Purchases 49,000 Administrative expenses 4,000 Salaries 4,000 Preference dividend paid 1,000 Retained profit 1 January 2019 8,000 Cash at bank 5,000 Goodwill 13,000 Preliminary expenses 2,000 385,200 385,200 Adjustments are required for: (i) Inventory at 31 December 2019 valued at cost $15,000. (ii) Directors' remuneration not yet paid $5,000. iii) Tax for the year is 25%. (IV) Depreciation charge on machinery is 10% on reducing balance method. v) Accrued audit fee E1,000. (vi) Salary of E500 has been prepaid. (vii) Premises have been revalued at $130,000 - the surplus on revaluation is to be transferred directly to a Revaluation Reserve. (vili) Write off the Preliminary Expenses by transfer from the Share Premium Account. (ix) Dividends of 10% are due on the Long Term Investments. REQUIRED: (a) Prepare a Statement of Profit or Loss Account for the year ended 31 December 2019 and Statement of Financial Position as at 31 December 2019. [23]