(25 MARKS) Highland Construction entered into a contract to to Johor Bahru. The agreed contract price was RM4 million, the position of the contract at the end of the years 2015, 2016, and 2017: into a contract to construct an express highway from Melaka RM4 million, the following table shows the 2015 RM'000 2017 RM'000 Variation to the contract price (increase) Cumulative costs incurred to date Estimated costs yet to be incurred Progress billings to date 2016 RM'000 400 1,800 1,200 1.900 945 2,155 800 3,100 Nil 3,000 The company recognised profit based on cost incurred to total estimated cost. Required: a) Prepare extracts of the Statements of Profit or Loss for years 2015, 2016 and 2017. (15 marks) b) Prepare extracts of the Statements of Financial Position for years 2015, 2016 and 2017. (10