Champion Bhd has the following list of account balances as at 30 June 2021. Sales Cost of goods sold Inventory at 31 Dec 2020 Employee salaries Directors' emoluments Depreciation expenses- equipment Tax paid Debenture interest paid Utilities Interim dividends paid: Preference dividends Ordinary dividends RM 60,000,000 25,000,000 4,500,000 7,500,000 1,200,000 560,000 4,900,000 300,000 3,100,000 60,000 100,000 8% Debentures 5% Redeemable Preference shares Ordinary shares Retained earnings 5,000,000 2,000,000 6,000,000 360,000 Additional information: Audit fees of RM90,000 has not been provided for. Taxation charged for the current financial year is finalised to be RM5,100,000. Transfer to deferred tax is RM1,100,000. Required: Prepare the Statement of Profit or Loss for the year ended 30 June 2021. Computation of appropriation is not required. (12 marks)