Accounting

Phonesup Sdn Bhd is a mobile phone distributor with a paid-up ordinary share capital of RM2.4 million. Details of the company's profit and loss account for the year ended 31 July 2021 are as follows: RM'000 Sales Less: Cost of sales RM'000 20,900 (16,250) 25,150 Operating expenses Administrative expenses Finance expenses Profit before taxation 1,197 784 231 (2,212) 2,438 Notes The total income / chargeable income of the company for YA2021 is RM2,212,000. Required Compute the tax payable of Phonesup Sdn Bhd for the year of assessment 2021. All workings must be clearly stated. Indicate nil in the appropriate column for any item that does not require adjustment in your tax computation