Income Statement of Syarikat Kita Sdn. Bhd. (SKSB) for the year ended 31 December 2021 is as follows: Note RM'000 RM'000 Sales 115,000 Cost of sales 1 (85,000) Gross profit 30,000 Less: Selling and distribution 2 1,200 Administration expenses 3 12,050 Other operating expenses 7,800 (21,050) Add: Other income Interest income from overdue trade receivables 50 Profit before taxation 9,000 Other information: 1) Cost of sales includes the following: (i) Depreciation of assets amounted to RM7 million. (ii) SKSB entered into a three-year rental agreement for a factory for RM15,000 per month in January 2021. The company agreed and paid RM480,000 being total rental for the three-year period in advance to the landlord. 2) Selling and distribution expenses include: (i) Sponsorship of foreign arts and cultural activities for RM600,000. Approval from the relevant Ministry obtained. (ii) Realised exchange gain from settlement of trade receivables of RM50,000. (iii) Entertainment expenses incurred on hampers in total of RM400,000 given to purchasers of the companys products as part of a sales promotion campaign. 3) Included in administration expenses are the following: (i) Statutory audit fees of RM30,000. (ii) Donation in kind of RM150,000 to approved charitable institution. 4) Capital allowances computed for year of assessment 2021 amounted to RM8 million. 4 Required: Starting with profit before tax, compute the chargeable income of Syarikat Kita Sdn Bhd (SKSB) for year assessment 2021. Note: Your computation must follow the description used in the notes to the profit and loss account, indicating Nil for every item that does not require adjustment.