Hey I need help with this question. Please if possible can you show working out and also please follow the template provided. Thanks

B D E F H BROKEN HILL LTD BROKEN HILL LTD 1 2 SOLUTION AREA BROKEN HILL LTD INCOME STATEMENT for the period 1-July 2020-30 June 2021 INCOME Sales Less: Sales returns and allowances Discount allowed Net Sales COST OF SALES Beginning Inventory Purchases Less: Purchases return and Allowances Discount Received Add: Freight inwards : 3 DATA AREA 4 Account Debit Credit 5 Share capital (730 000 shares fully paid) $ 730,000 6 General reserve 220,000 7 Retained earnings 60,000 8 Revaluation surplus LA 400 9 Current tax liability 20,800 10 Accounts payable 50,300 11 Debentures 400,000 12 Bank overdraft (current) 30,700 13 Interest payable 15,000 14 Sales salaries and commission payable 1,700 15 Other liabilities (current) 30,300 1 hand 16 Land 400,000 17 Buildings 620,000 18 Accumulated depreciation - buildings 131.000 . 19 Furniture and equipment 160,000 20 Accumulated depreciation - furniture 96,000 ... 21 Delivery vehicles 60,400 22 Accumulated depreciation - vehides 32,080 23 Accounts receivable 68,600 24 Inventory (1 July 2020) 240,000 25 Investments 200,000 26 Interest receivable 6,000 27 Prepaid insurance 3,000 29 Sales 538,600 29 interest revenue 6,000 30 Purchases 240,000 31 Sales returns and allowances 2,080 32 Purchases returns and allowances 2,000 33 Freight inwards 10,080 . 34 Freight outwards 9.060 35 Sales Salaries and Commissions viewed 102.200 Pillowed 36 Discount allowed 3,050 37 Discount received 3,020 wwwwwwwwwwwwwwwwwwwwww 38 Insurance expense 7.000 39 Interest expense 25,140 40 Advertising expense 30,700 Depreciation expense - delivery vehicles 12,080 42 Depreciation expense-buildings 31,000 43 Depreciation expense - furniture and equip't 16,000 44 Income tax expense 20,800 45 Administrative expenses 100,710 46 $ 2.367,900 $ 2,367,900 47 Ending Inventory (30 June, 2021) $ 265,000 48 Required; Prepare an Income Statement using the template provided 49 50 51 Less: Ending Inventory Cost of Sales GROSS PROFIT Other Income: Interest on investment EXPENSES Selling and distribution expenses Freight outwards Depreciation expense-delivery vehicles Advertising expense Sales Salaries and Commissions Total Selling and Distribution expenses Administrative expenses Administrative expenses Depreciation expense - furniture and equip't Depreciation expense -buildings Insurance expense Total Administrative expenses Finance expenses Interest expense Total Finance expenses TOTAL EXPENSES LOSS BEFORE INCOME TAX Income tax expense NET LOSS