Casa Modern Furniture Bhd (CMFB) is a public listed company involved in a manufacturing of furniture. The following is the trial balance of Casa Modern Furniture Bhd as at 31 December 2019 : Aadnona mrormanon: 1. The company closing inventories included some minor defects goods costing RM600 that were expected to be sold for RM300. 2. The tax expense for year ended 31 December 2019 was estimated at RM9,000 including a decrease to the deferred tax liability amounted to RM800. The corporate tax rate for current year was 28%. 3. As at 31 December 2019 , the total investments of the company amounted to RM120,000. RM20,000 was classified as investment available for sale with a market value of RM26,000. 4. The land was revalued to RM42,000 which carried of RM40,000 at cost. The company has intention to disclose the land at its fair value. 5. On 1 February 2019, CMFB issued share options to 5,000 ordinary shares each at RM2 per share to its employees. The employees only can exercise their rights on 31 January 2020. The exercise price of the options on the exercise date was RM5. The market price of the option on 1 February 2019 was RM1 each. None of the employees exercised their options as at 31 December 2019. The share options have not been recognized in the company's accounts. 6. The net value of intangible assets as at 31 December 2019 is RM45,750. The company has not recognized the current year amortization expense of RM10,250. It is company's policy to recognized the amortization expense of its intangible assets in administrative expenses. Required: Prepare the following financial statements for Casa Modern Furniture Bhd in accordance to the MFRS101 Presentation of Financial Statements. a) Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 December 2019 . ( 8 marks) b) Statement of Financial Position as at 31 December 2019 . (13.5 marks) c) Statement of Changes in Equity for the year ended 31 December 2019 . (3.5 marks) (Total: 25 marks)