Daizo Bhd Statement of Comprehensive Income for the year ended 31 December 2018 RM RM Sales Cost of goods sold Gross profit 582,500 285,000 297,500 Operating expenses: Depreciation expenses 20,750 Other expenses 132.400 153,150 Other gain (losses): Loss on sale of furniture and fittings 5,125 Loss on retirement of bonds 825 5,950 Income before income taxes 138,400 Income taxes expense 24,250 Net Income 114,150 Daizo Bhd Comparative Statement of Financial Position as at 31 December... Assets Cash Accounts receivable Prepaid expenses Inventory Furniture and fittings Accumulated depreciation fittings Total assets Liabilities and Equity 2018 2017 RM RM 49,800 86,000 65,810 50,625 275,656 264,300 1,250 1,875 157,500 108,000 - furniture and (36,625) (46,000) 513,391 464,800 Accounts payable 53,141 114,675 Short-term notes payable 10,000 6,000 Long-term notes payable 65,000 48,750 Bonds payable 0 20,500 Dividends payable 0 4,500 Common stock, RM5 par value 162,750 150,250 Paid-in capital in excess of par, common stock 37,500 0 Retained earnings 185,000 120,125