5. On April 1 2019, Leela's cash at the bank was RM55,000 and she also owned three delivery vans as follows: Van A Van B Van C Purchase Date 21 May 2015 20 June 2017 Cost (RM) 31,200 19,600 1 January 2019 48,800 Depreciation is charged annually at 16% per annum on the cost on all delivery vans in use at the end of the year. During the year ended 31 March 2020, the following transaction occurred: 1 June 2019 Van B was involved in an accident and this was considered to be a total loss by the insurance company which paid a cheque of RM10,500 in settlement. 7 June 2019 Van D was purchased for RM33,000 paying by cheque. 21 2019 Aug Van A was sold for RM9,000 and received a cheque. 30 Oct 2019 Van E was purchased for RM39,000 paying by cheque. 6 Mac 2020 Van E was considered not suitable for carrying the type of goods required and was exchanged for Van F. The trade-in value of Van E was RM37,600. Required: a. Prepare the journal entries to record the transactions for the year ending 31 March 2020. b. Prepare the extract of the Statement of Profit and Loss and Other Comprehensive Income, and Statement of Financial Position for the year ending 31 March 2020.