Consider the following situations: (a) Aries Sdn Bhd was incorporated on 1 March 2015. It commenced a manufacturing business on 1 May 2015 and prepared its first and subsequent accounts as follows: Adjusted income/floss) RM 1 May 2015 to 31 March 2016 64,000 1 April 2016 to 31 March 2017 (60,000) 1 April 2017 to 31 March 2018 66,000 Required: Determine the basis periods and the adjusted income for Aries Sdn Bhd for each of the years of assessment 2016 to 2018. (6 marks) (CL01:PLO1:C4) (b) on 1 June 2018, the entire shareholding of Aries Sdn Bhd was acquired by Taurus Sdn Bhd. Consequently Aries Sdn Bhd changed its financial year end to 30 September to be co-terminous with that of its holding company and made up accounts as follows: 1 April 2018 to 30 September 2018 1 October 2018 to 30 September 2019 1 October 2019 to 30 September 2020 Required: Determine the basis periods for Aries Sdn Bhd for each of the years of assessment 2015 and 2016