Please include steps and explanations, thank you

Exercise 1 The balance sheet of the company ABC as at 1.01.20x1 was as follows ASSETS Intangible assets (concession)* Other assets Total assets EQUITY AND LIABILITIES 20,000 Shareholders' equity 80,000 Liabilities 100,000 Total equity and liabilities 70,000 30,000 100,000 Gross value of the concession 100 000, accumulated amortization 80 000, the period of balance sheet amortization - 5 years, the period of tax amortization -5 years Business events in the first half of the year 20X1: 1) 1.01.20x1 the licence was purchased for 10 000, amortization period - 4 years. 2) Development costs were incurred - 50 000. (finished with succes) 3) 30.06.20x1 - The company X was purchased; its assets were 100 000 and liabilities - 70 000. The cost of purchase of company X-50 000. Required: Present the income statement for the first half of 20X1 and the balance sheet of ABC as at 30.06.20x1, knowing that in the first half of 20x1 the company ABC earned revenues 100 000 and incurred expenses- 60 000 (without the amortization costs of intangible assets). All revenues and expenses were cash flows, tax amortization period of licence was 4 years