Section B $(36$ Marks$)$: Answer all questions in this section

$5$ The following information was extracted from the books by Ariko insurance Brokers evitif as at $31$ December $2020$

iii$)$ Provide depreciation on non$-$current assets as follows:

Prepare an income statement for the year ended $31$ December $2020.$

$(20$ Mar$)$Section B $(36$ Marks$)$: Answer all questions in this section

$5$ The following balances were obtained from the books of Nwene traders on $31$

$\backslash$table$[[,$Ksh$],[$Motor vehicle,$2,500,000$