Astrazinica, extracted the following trial balance from her books on 31 December 2020.

Trial Balance as at 31 December 2020

	DR	CR
	RM	RM
Capital	-	520,000
10% Maybank Loan	-	80,000
Interest paid to Maybank Loan	2,000	-
Freehold property	664,000	-
Machines	200,000	-
Machines accumulated depreciation b/f	-	150,000
Office equipment	70,000	-
Office equipment accumulated depreciation b/f	-	28,000
Cash at bank	13,400	-
Sales	-	1,016,000
Purchases	495,600	-
Inventory 1 Jan 2020	90,000	-
Administrative expenses	85,500	-
Selling & Distribution expenses	190,000	-
Trade Receivables	62,000	-
Trade Payables	-	45,000
Retained profits b/f	-	83,500
Fixed deposits	50,000	-
	1,922,500	1,922,500
	-	-
Additional information: - Inventory value at 31 Dec 2020 RM75,000 Depreciation for Machine 10% at cost and equipment 20% at cost. An additional rent of RM3,000 is to be adjusted Remaining loan interest is to be accrued.

Required: Prepare a Statement of Profit or Loss for the year ended 31 December 2020 and Statement of Financial Position as at 31 December 2020.

...note :d'ont forget the rm currency