Given below is a list of balances of Raul Raul, a public company, as at 31 December x6. Additional information: a. The tax expense for the year is RM2,350,000. b. At year-end the fair value of investment in equity shares is RM920,000. There is no change in the value of the loan stock investment. c. Equity shares issued during the year total 2 million at RM7 per share. d. Depreciation is charged as follows: cost of sales 50 percent, administrative expenses 30 percent and selling expenses 20 percent. Required: i. Prepare the statement of profit or loss for the year ended 31 December 6. ii. Prepare the statement of changes in equity. iii. Prepare the statement of financial position as at 31 December 6. Given below is a list of balances of Raul Raul, a public company, as at 31 December x6. Additional information: a. The tax expense for the year is RM2,350,000. b. At year-end the fair value of investment in equity shares is RM920,000. There is no change in the value of the loan stock investment. c. Equity shares issued during the year total 2 million at RM7 per share. d. Depreciation is charged as follows: cost of sales 50 percent, administrative expenses 30 percent and selling expenses 20 percent. Required: i. Prepare the statement of profit or loss for the year ended 31 December 6. ii. Prepare the statement of changes in equity. iii. Prepare the statement of financial position as at 31 December 6