please answer this as quickly as possible

The following Trial Balance was prepared by the Accounting Assistant for Lilian's Restaurant. As the Chief Accountant, you have been instructed to prepare the financial statements for the entity for the end of the period 30 June 2020 1 Buto Particulars Commission Received Carriage outwards 6.000 Question 2.100 Bank 17000 2.250 11.000 Cash Creditors Discount received 4000 Purchases 105.000 17.000 11250 4.000 3.000 311.100 Debtors Opening stock - July 1, 2019 Insurance Carriage towards Sales Wages and salaries Returns inwards Land and Building Fixtures and Fittings Motor vehicle Capital Machinery and equipment Drawing 42.250 2.000 200.000 41.000 100.000 175.000 60.000 150 75.000 1.750 Drawings Loan Loan interest 75,000 7,500 599,100 599,100 Additional Information: (a) End note: Closing stock $17.500 (b) Depreciate machinery and equipment using the straight-line method at a rate of 15% per annum (c) Depreciate motor vehicle at 8% per annum using the straight-line method (d) Insurance was prepaid by $550, commission received was prepaid by $1,500 and wages and salaries were accrued by $1,580. (e) Make a provision for bad debt to be 5% of debtors. The proprietor took goods for personal use valuing $3,500 Required, prepare the: 1. Statement of Profit or loss for the period ending June 30, 2020, 122 marks) 2. Statement of Financial Position for the period ending June 30, 2020 (20 marks)