Bank Ummah Berhad contributed RM150,000 for a three-year Mudarabah financing at the profit sharing ratio of 65:35 between the Bank and Madyan Corporation (Mudarib) respectively. Assume that the venture incurred a loss of RM20,000 in the first year; realised a profit of RM47,000 in the second year; realised another profit of RM100,000 in the third year.

Based on Bilateral Mudarabah financing, calculate the total profit/(loss) earned by Bank Ummah and Madyan Corporation throughout the financing.