3) The following expenses are still outstanding as at 31 December 2021: General expenses RM1,200 Utility expenses RM500 4) Included in transportation expenses is carriage inwards amounting to RM2,500. 5) One of the staff was given an advance salary of RM1,000 and no record has been made in the account. 6) One of the debtors owing an amount of RM1,120 was declared bankrupt and the amount has be written off as a bad debt. 7) Depreciation for the year are to be provided as follows: Fixtures and fittings 10% on the cost (straight-line method) Motor vehicles 20% on net book value (reducing balance method) 8) Provision for doubtful debts is estimated at 5% of the total outstanding accounts receivables. 9) During the year, the owner contributed additional RM20,000 cash. Required: a) Prepare the Income Statement or Statement of Profit or Loss for the year ended 31 December 2021. (15 marks) b) Prepare the Statement of Financial Positions as at 31 December 2021