a) A trial balance for Stream as at 31 December 20X1 is presented below. Dr Cr $ $ Revenue 492.000 Purchases 210.000 Cash at bank 25,000 Purchase returns 5.000 Administrative expenses 150.000 Vehicles -cost 290,000 Vehicles - accumulated depreciation at 1 January 20X1 75.000 Trade receivables 26,000 Allowance for receivables - 1 January 20X1 4,000 Inventory - 1 January 20X1 15,000 Distribution costs 67,000 Share capital 15.000 Share premium 35,000 Trade payables 25.000 Retained earnings - 1 January 20X1 132.000 Overdraft 5.000 Finance costs 5,000 788,000 788.000 Inventory as at 31 December 20X1 has a cost of $50.000 Depreciation on vehicles is charged on a straight-line basis at a rate of 30% per annum This is charged to distribution costs. The allowance for receivables should be increased by $4.500. Any impact on profit or loss should be included in administrative expenses. Required: Calculate the following figures (12 marks) Inventory on the SOFP Administrative expenses Distribution costs Cost of sales Revenue Gross profit