(b) Qamar Enterprise is a company that produces various types of office tables. The company was established by two partners who have a few years' experience in manufacturing all types of tables while working at Noor Sdn. Bhd. The following are the financial information of the company for the year 2020. CONFIDENTIAL 3 CONFIDENTIAL BFC34502 Financial Information. RM Beginning Capital 53,744 Sales 462,452 Purchases 235,689 Ending inventory 32,090 Advertising 1,850 Insurance 5,400 Accounts payable 8,900 Rent 9,600 Wages payable 11,525 Equipment 100,200 Bank loan payable 17,500 Payroll taxes 8,200 Repairs and maintenance 13,984 Wages 98,852 Cash 12,300 Accounts receivable 22,900 Utilities 17,801 Depreciation 13,250 Additional information: