B. Hashball Bhd entered into a contract with Jutorn Enterprise to sell a specialised machine to increase its production on the 30 November 2019. The purchase price of the machine alone was RM500,000 and the machine was delivered on the 1 January 2020. Due to high technological advance, the installation process of the machine required an engineer expert with additional amount of RM25,000. The machine and installation cost were paid by cheque upon the completion of installation process on the 1 January 2020. To maintain the high quality of production, the machine needed to be serviced monthly for one year which cost another RM6,000 per month. All of these goods and services could be provided by Hashball Bhd at a special price of RM585,000. The maintenance services are billed at the end of each month at RM5,000 per month after the installation was complete. The maintenance services are still receivable at the end of the year. Hashball Bhd closes its account on the 30 June annually. Required: a. Evaluate the treatment of these transactions by Hashball Bhd for the year ended 30 June 2020 using the five-step model in MFRS15 Revenue from Contracts with Customers. (10 marks) b. Prepare the relevant journal entries for the year ended 30 June 2020. (4 marks)