Factory maintenance. PR 7-8 Kilau Mutiara Sdn Bhd reports the following information for the year ended December 31, 2018. Direct labor Indirect labor. Accounts receivable Prepaid insurance Depreciation-factory machines. Transportation expense.. Utilities expense... Office supplies Sales Sales discounts. Factory managers' salaries Factory property tax.. RM 229.710 38,159 42,000 9.360 23,400 13,416 51,870 13,494 853,320 5,148 45,240 14,976 2.184 Direct materials purchases. 140,088 Cash 49,920 Bank 134,502 Office equipment 35,000 Direct materials inventories, 1/1/2018. 72.540 Direct materials inventories, 31/12/2018 61,776 149,760 149,604 32,760 26,052 Finished goods inventories, 1/1/2018 Finished goods inventories. 31/12/2018. Work in process inventories, 1/1/2018.. Work in process inventories, 31/12/2018 Other supplementary information: a. 40% prepaid insurance is for the factory while the rest is for office-related coverage. The insurance premium was paid for the period of April 1, 2018 to March 31, 2019. b. 2/3 of the transportation expense is for purchasing direct material, while the remaining is being paid for delivery of orders to the customer. c. Company estimates about half of the utilities expense should be allocated for production. d. Office supplies of RM 9,000 was utilized in 2018. e. No depreciation has yet been allocated for office equipment. The company depreciates office equipment at 5% of the cost annually. Instructions a. Prepare the Statement of Cost of Goods Manufactured for the year ended December 31, 2018 b. Prepare the Statement of Profit or Loss for the year ended December 31, 2018. c. Prepare an extract of current assets section that should appear in Statement of Financia Position of Kilau Mutiara Sdn Bhd as of December 31, 2018 after considering all necessar adjustments