Bank Al Ain Islami provides a financing facility based on the Murabah purchase specialized Equipment to be used for their construction projatinciple to Seif Construction to $15,000,000 at a constant rate of return of 10% for a period of 5 years. Drect. The amount of financing is Seif Construction paid the final installment in Year 6. Required: i. Present a statement showing the amount of Net Receivable, Unearned Murabaha Income, and Murabaha Income for the whole duration of the contract. (4 marks) ii. Prepare journal entries for Bank AI Ain Islami for the above transactions (YO-Y6). (2 marks) Answers