Koperasi IndahAlam Bhd (KIAB) is a cooperative society established ten (10) years ago. For the year ending 31 December 2020, KIAB reported the following income and expenses:

RM RM Income: Sales from business 5,500,000 Membership fees 55,000 Dividend 12,000 Rental 80,000 Interest 60,000 Consumer product commission 30,000 5,737,000 Expenses: Salaries 30,000 Employee Provident Fund (EPF) 6,000 Statutory audit fees 10,000 Business zakat to a zakah authority 4,500 Insurance 13,000 Entertainment for suppliers at an annual dinner 3,500 Telephone, postage, and stationery 25,000 Repair and maintenance 6,500 Depreciation 11,000 Utilities 10,500 Cash donation (50% to an unapproved institution) 2,500 (122,500) Audited Net Profit before Tax 5,614,500