Ever Success Berhad is a trading company set up in the early 2000's to trade and sell accounting and motivational books for the education industry. The following trial balance was extracted on the 30 June 2020: HIGHEST DISTINCTION BERHAD Unadjusted Trial Balance as at 30 June 2020 Debit Credit Bank overdraft - BANKSAYA 156,100 Administrative equipment rental expenses 144,000 Cash at bank - BANKAWAK 15,000 Investment 300,000 Interest revenue 19,600 Insurance expense - salesperson 10,000 Land 860,000 Buildings 2,000,000 Fixtures 254,000 Retained earnings (1 July 2019) 166,000 Revaluation reserve 30,000 Accumulate depreciation - Fixtures 46,000 Accumulate depreciation - buildings 200,000 Allowance for doubtful debts 29,400 Cost of sales 394,800 Advertising expenses 24,600 Turnover 1,164,500 10% Debenture 180,000 Inventory as at 30 June 2020 212,000 Ordinary share capital @ RM2.00 each paid to 2,550,000 RM1.70 General reserve 36,000 Interest expense on overdraft 12,600 Other revenue 35,800 Trade Payables 267,800 Trade receivables 450.800 Salaries of sales staff 120,000 Administrative wages 138.400 Calls in advance (RM0.30 per ordinary share) 60,000 Interest expense on debenture 5.000 4,941,200 4,941,200 Additional information i. Depreciation to be provided on a straight-line method on building at 8% per annum and fixtures at 15% per annum. Building is shared between sales office and administrative office equally and fixtures is shared between sales office and administrative office in the ratio of 30% and 70% each respectively. ii. Land has been revalued with an increase of RM150,000 which is yet to be accounted for. iii. The allowance for doubtful debts accounts needs to be adjusted to 10% of accounts receivable, after taking into consideration of a customers had become bankrupt and the full account of RM24,000 needs to be written off. iv. Inventory as at 30 June 2020 had a net realizable value of RM200,000 V. Corporate tax is charged at 20%. vi. Final call on all ordinary shares was made with all shareholders paid the amount due by 30 April 2020. Cash was received in BANKAWAK. vii. A dividend of RM0.05 per share is declared on fully paid ordinary shares. Shares that are not fully paid will be entitled to a pro-rated dividend to the amount of paid-up capital. In in accordance with MFRS101(IAS 1) Presentation of financial statements, required: a. Prepare Notes to accounts for cost of sales, selling & distribution cost, general & administrative cost, finance cost and property plant and equipment (10 marks) b. Prepare Statement of comprehensive income for the year ended 30 June 2020 (5 marks) c. Prepare Statement of changes in equity for the year ended 30 June 2020 (2 marks) d. Prepare Statement of financial position as at 30 June 2020. (8 marks)