Question: please help me with these problems asap Additional information (1) Inventories at 31 December 2021 were valued at $40,000 (2) Depreciation charges (plant and equipment)

 please help me with these problems asap Additional information (1) Inventoriesat 31 December 2021 were valued at $40,000 (2) Depreciation charges (plant
please help me with these problems asap
and equipment) for the year amounting to $27,000 and $5,000 should be
included at the distribution costs and administrative expenses, respectively. (3) The income

Additional information (1) Inventories at 31 December 2021 were valued at $40,000 (2) Depreciation charges (plant and equipment) for the year amounting to $27,000 and $5,000 should be included at the distribution costs and administrative expenses, respectively. (3) The income tax rate is 20% (4) A final dividend of \$0.50 per share was declared on 31 March 2022 (5) There were no disposals of any non-current assets during the year. Land was revalued at 31 December 2021 to $90,000. No entries have yet been made to record this. (6) Insurance for delivery vehicles is to be accrued as $2,000 (7) Receivables totaling $10,000 are to be written off (8) Bonus for administration director for 2021 is evaluated as 1% of gross profit (9) General reserve is to be created at $2,000 (10) Allowance for receivables should be created as 2% of net receivables Required: a) Prepare a statement of profit or loss and other comprehensive income for the year ended 31 December 2021 b) Prepare a statement of change in equity for the year ended 31 December 2021 c) Prepare a statement of financial position for the year ended 31 December 2021 d) Notes, in accordance with IAS 1 "Presentation of Financial Statements". Your answer should be as complete and informative as possible within the limits of the information given to you. An accounting policy note is also required

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