DETAILS DR CR 88,200 274,000 384,000 55,700 52,600 71,800 45,600 31,400 Creditors Motor vehicle 2% Preference share capital @ $1.50 Closing stock Office expen Provision for depreciation on equipment Management fees General reserves Land Debenture interest Mortgage interest Provision for depreciation on building Retained earings 6% Loan Commission received Sales Provision for depreciation on motor vehicle Staff costs Cost of sales 4% Debenture 366,000 8,100 10,300 66,000 36,100 241,000 33,000 1,556,200 76,100 62.700 1,190,600 229,000 506,000 313,000 327,000 22,000 Building Goodwill Ordinary share capital @ $0.60 Debtors 7% Mortgage Equipment Interim ordinary shares dividend Bank 252,000 471,000 13,500 71,500 3,427,200 3,427,200 Additional notes: . Depreciation is to be charged on the building and the motor vehicle at 6% and 8% respectively on the reducing balance, and 15% straight line for the equipment . Goodwill should be written down by 30% Office expenses is owing by $11,200, while staff costs is prepaid by $9.900 Commission is prepaid by $5,200 ined as follows: Commission is prepaid by $5,200 The following items of expense should be apportioned as follows: Expense Office expenses Staff costs Management fees Depreciation charges Admin 60% 80% 70% 25% Sell. & Dist. 40% 20% 30% 75% Corporation tax is estimated at $26,200 Transfer $38,000 from profits to the general reserves There was a new issue of 90,000 ordinary shares at par value; the amount collected pe share was $0.90 The full preference shares dividend will be honoured EQUIRED: calculate MiniMovers Ltd's (a) total dministrative expenses, (b) total selling and distribution expenses, and (c) total inance cost as they would be shown in