Plum Bhd. (Plum) is a sole distributor in Malaysia for the manufacturing machineries under the brand name Hilos. The financial statements of Plum Bhd. for the year ended 31 March 2021 were approved by the directors on 30 June 2021. The following events have occurred. 1. 2. 3. In January 2021, one of Plum's delivery vans was reported stolen. The carrying value of the van had been derecognized from the accounts and a loss has been recognized in the statement of profit or loss for the year. Plum has also made an insurance claim for this van. In May 2021, Plum received a cheque from the insurance company for RM80,000 as compensation for the stolen van. (4 marks) On 20 March 2021, Plum sold one of its products, a machinery for cash of RM2 million to Peach Sdn. Bhd. (Peach). In the sales agreement, it is stipulated that Plum is also entitled to additional RM500,000 which is dependent upon the success of certain production tests after installation at Peach's premises. On 15 April 2021, Peach confirmed that the required production testing had been completed successfully. (4 marks) A landslide had occurred at one of Plum's buildings on 10 April 2021. A professional valuation was conducted on this building on 22 April 2021. On 15 June 2021, the valuation report was received confirming that the building has dropped in value by 30%. The carrying value of the building as at 31 March 2021 was RM2.5 million. (3 marks) Required: In accordance with IAS 10/MFRS 110 Events after reporting period, explain how each of the above events should be dealt with in the financial statements of Plum Bhd. for the year ended 31 March 2021.