Abad Baru Sdn Bhd Trial Balance as at 31 December 2022 Other information: 1) Inventories as at 31 December 2022 was RM15,000. 2) The company management decided to write off further bad debts of RM2,000. 3) The bank loan carries an Interest rate of 8% per annum. It is the company policy to pay interest charges at the end of every year. 4) Accrued Expenses: utilities RM3,000, salaries RM15,000, Maintenance RM4,000 and Administrative Expenses RM3,000. 5) Prepaid Expenses: Stationeries RM2,000 and Marketing Expenses RM1,000. 6) The owner took RM400 cash at the bank of the company for his own personal use. Required: (a) Prepare ABSB's income statements for the year ended 31 December 2022. (20 marks) (b) Prepare ABSB's Statement of Financial Position as at 31 December 2022