QUESTION FOUR Shown below are the recently issued (summarised) financial statements of listed company, for the year ended 30 September 2017, together with comparatives for 2016. Statements of profit or loss 2017 K000 250,000 180,000 (200,000) (150,000) 2016 K,000 Revenue Cost of sales 30,000 Gross profit Operating expenses Finance costs 50,000 (26,000) (22,000) (8,000) (Nil) Profit before tax Income tax expense (at 25%) 16,000 (4,000) 8,000 (2,000) 12,000 6,000 Profit for the period