Below is the trial balance for Asian Star Enterprise as at 31 December 2021. Additional information: 1. Inventory on hand at 31 December 2021 was estimated at RM63,350. 2. General expenses paid in advance amounting to RM1,400. 3. Wages unpaid at 31 December 2021 was RM1,500. 4. Rental income for December 2021 amounting to RM2,000 has not been received. 5. Utilities cost of RM4,000 were unpaid at year end. 6. The owner withdrew RM5,000 from the bank for personal use. 7. Allowance for doubtful debts is to be made at 4% of net trade receivables. 8. Office equipment amounting to RM10,000 were purchased on 1st July 2021.Payment was made by cheque.This transaction has not been included in the accounts. 9. Depreciation is to be allowed as follow: I. Motor vehicles 25%.on reducing balance method II. Office equipment 20% on cost III. Office furniture and fittings 20% on cost Required: a) Prepare the Statement of Profit or Loss for the year ended 31 st December 2021. ( 20 marks) b) Prepare the Statement of Financial Position as at 31st December 2021. (10 marks)