1. A physical inventory check revealed inventory at cost was RM 16,000,000 and RM4,000,000 of it was damaged and cannot be used anymore. 2. The 10 percent debentures were issued on 1 January 2021 ; however the transaction cost of RM 2,000,000 was recorded as other expenses. The effective interest rate is 12 percent. 3. The depreciation is charged on the following assets: a. Building 4% on cost (part of administrative expenses) b. Plant and Machinery - 10% at cost (part of distribution expenses) 4. The tax expense for the year is RM 21,000,000. The amount shown in the trial balance is the amount paid for the current financial year and RM 2,000,000 under-provision of tax for the previous year. 5. The directors proposed a dividend of RM 30,000,000 after the year-end. 6. The fair value of the equity investment on 31 December 2021 was RM 27,500,000. 7. On 1 July 2021, one of the machines in plant and machinery with a historical cost of RM 20,000,000 and accumulated depreciation as of 1 January 2021 was RM 12,000,000 has been sold RM 5,000,000. The proceeds were credited to suspense account. there are no other records found to these transactions. 8. At the end of the year, the company issued 100,000,000 ordinary shares for RM 125,000,000. The proceeds were recorded in the suspense account. 9. Amount received from one of the customers as a settlement of his debt amount RM 30,000 was wrongly recorded as cash sales. You are required to report: a) Statement of comprehensive income for the year ended 31/12/2021