20 points Anaku is a retail business. It uses the periodic inventory system. It draws up its financial statement once a year. The ledger balances of Anaku are shown below: Trial balance as at 30 September 2021 DR (RM) CR (RM) Cash at bank 25,000 Motor vehicle 200,000 Accounts receivable 260,000 Purchases 700,000 Transport inwards expense 26,000 Drawings 36.000 Discount allowed 17,000 Prepaid insurance 24,000 Telecommunication expense 18.000 Utilities expense 14,000 Sales return 30,000 Interest experise 10,000 Transport outwards expense 50,000 Rent expense 18,000 Wages and salaries expense 180,000 Office equipment, at cost 300,000 Inventory as at 1 October 2020 100,000 Purchases retur 11,000 Discount received Allowance for doubtful debts Capital, Anaku 28,000 7,000 140,000 Accumulated depreciation: Motor vehicle Office equipment Loans payable, due 2030 Accounts payable Sales Other data given: 60,000 140,000 100,000 220,000 1,300,000 2,006,000 2,006,000 (i) The prepaid insurance is valid for the period 01 April 2021 to 31 March 2022 (ii) On 30 September 2021, Anaku valued its inventory at RM120,000 The depreciation expenses for the financial year have not been recorded: Motor vehicle RM20,000 Office equipment RM60.000 (iv) An interest charge of RM2.000 for the month of September 2021 has not yet been paid. It has also not yet been recorded. (v) The allowance for doubtful debts is to be increased to RM10,000. You are required to: a) Prepare a detailed income statement (profit and loss Statement) for the year ended 30 September 2021. (10 marks) b) Prepare a statement of changes in owner's equity for the year ended 30 September 2021. (2 marks) c) Prepare statement of financial position as at 30 September 2021. (8 marks)