3 (18 marks) Desaru Berhad has prepared the following comparative statement of financial position for the years ended 3 2019 and 2020: Ti Property, plant and equipment Patent Inventory Trade receivables Cash Total assets 2020 2019 RM RM 2,000,000 1,150,000 220,000 275,000 885,000 505,000 832,000 382,000 25,000 363,000 3,962,000 2,675,000 Ordinary share capital 1,200,000 1,200,000 Retained earnings 783,000 750,000 Mortgage payable 1,050,000 250,000 Accounts payable 765,000 355,000 Accrued liabilities 164,000 120,000 Total liabilities and equity 3,962,000 2,675,000 The following additional information is available: 1. 2. 3. Depreciation expense of RM75,000 was charged for the year. No dividend was declared for the year. Interest expense and tax expense for the year were RM25,000 and RM53,750 respectively