Firah Bhd was established in March 2007. The following information relates to the obligations of Firah Bhd for the year 2018 . The company uses calendar year for its accounting period. 1. Firah Bhd has signed for three long-term notes with ACC Bank. Below are the maturity dates and amounts due of the notes: 2. On 10 March, Firah Bhd borrowed RM20,000 by signing a one-year loan with An Bank.| 3. On 15 November, the Board of Directors declared a dividend of RM0.10 per share to the ordinary shareholders. During the declaration, it was indicated that 1,000,000 units of ordinary share were oustanding. The dividend will be paid on 15 February 2019. 4. On 1 December, the company signed a new agreement with MFA Bank to extend its loan tenure that was supposedly due on 3 December 2018. The loan was made in 2016 with a current outstanding balance of RM50,000. The loan due date is extended to 2 December 2020 . 5. On 10 December, Firah Bhd purchased inventory from Lailai Sdn Bhd with a price of RM25,000 on credit. The credit term is 2/15,n/30. 6. As of 31 December 2018, record by the human resources unit showed that an amount of RM32,000 needs to be remitted to the Employees Provident Fund (EPF) soon. Based on prior practice, the company will only remit the EPF contributions on the fifth day of the following month. 7. The income tax expense for the year 2018 is RM20,000. The company remits the payment to the Inland Revenue Board on 1 February 2019. 8. The total interest incurred in relations to the notes payable for the year ended 2018 is RM13,250. However, this amount is not yet paid on 31 December 2018. 9. On 30 December, the company acquired additional inventory from supplier with the amount of RM105,000 on credit with term 2/15, n/60. 10. Firah Bhd also has an unpaid utilities expense of RM45,000 as at 31 December 2018. Firah Bhd uses gross method to record its inventory purchases. REQUIRED: Prepare the liabilities section of the Statement of Financial Position for Firah Bhd as at 31 December 2018