Using the information provided below, you are required to prepare the income statement for Dangita Investment Group plc for the year ending December 31, 2022: (a) Classifying expenses by nature; (b) Classifying expenses by function. Sales revenue has been ascertained to be TZS 192,670,000/= December 31, 2022 TZS December 31, 2021 TZS Inventory balances were as follow: Raw materials 600,000 900,000 Work in Progress 1,140,000 740,000 Finished goods 13,500,000 5,800,000 Raw materials purchased during the period amounted to TZS 20,500,000/= IAA MAF 2023 CORPORATE REPORTING (AFG 09214) IAA MAF-2023 Page 23 Employee benefits expense has been analyzed as follows: TZS Production staff 15,900,000 Administration staff 45,000,000 Sales staff 6,500,000 Distribution staff 4,000,000 The following analysis of depreciation and amortization expense has been carried out as follows: TZS Production 3,600,000 Administration 4,000,000 Sales 1,250,000 Distribution 2,200,000 The company incurred debenture interest expense amounting to TZS 5,600,000/=. TZS Production 4,500,000 Administration 19,000,000 Sales 1,000,000 Distribution 7,500,000 The company defines "cost of sales" as production cost of goods plus selling costs. Deferred tax expense has been calculated as TZS 1,500,000/= and current tax expense as TZS 8,100,000/=.