Izara Sdn Bhd situated at Bandar Puteri Jaya, Sungai Petani selling variety of modern luxury accessories. The business transactions were made both on cash and credit basis. The products sold include fine accessories, gifts for women and men, women's and men's leather goods, outerwear, watches, fragrance and related accessories. Izara Sdn Bhd invested RM100,000 in Amanah Saham Bakti . However, the business still owes RM50,000 to the suppliers of leather goods. Due to financial difficulties faced by the business, Izara Sdn Bhd applied for a loan from Bank Raya amounting RM150,000. The loan was approved and received. The interest on loan was 10% per annum. Part of the loan amounting RM60,000 was used by the business to purchase a delivery van. The business also used another RM70,000 of the loan to buy factory equipment (RM30,000), machinery (RM20,000) and inventories (RM20,000). The balance of the loan were kept in the bank. The factory equipment and machinery were depreciated at 10% per annum on its carrying value. The business hired 25 employees and 4 managers to help in the daily operation and to ensure the smooth running of the business. The financial year end of the business is on 31 December every year. Required: a. State the source of capital used to start up Izara Sdn Bhd. (1 mark) b. State the type of business entity for the business set up above. (1 mark) c. State four (4) characteristics possessed by Izara Sdn Bhd. (4 marks) d. Calculate the total amount of assets (in RM) owned by the business. (3 marks) e Calculate the amount of capital (in RM) needed by Izara Sdn Bhd to start the business. f. Give three (3) types of revenues that Izara Sdn Bhd might receive