Mr Irawan is a Chief Operation Officer at Kuda Gemilang Company for 15 years. He 6arns RM25,000 per month and pays 11% of EPF contribution from his gross salary. He is happily married to Mrs Janna, with 5 children. Currently, his eldest child is a second-year bachelor's diploma program next year in a local university in Malaysia. Another three will be pursuing a still schooling in the national school. Mr Irawan's wife is a full-time houre of his children are income. Mr Irawan needs to properly plan for his financial position and saving and has no have to pay higher education fees for 2 children for next year and another children ince he will two years. The following details are the financial information provided by Mren in the next Based on the information, you are required to assist Mr Irawan on the followings: a) Construct a Balance Sheet statement as at 31 December 2022 for Mr Irawan. b) Construct a Cash Flow statement for the year ended 31 December 2022 for Mr lrawan. c) Calculate and comment on the financial ratios to assist Mr Irawan in his financial planning based on the statements constructed in (a) and (b) above. i) Current Ratio ii) Debt Service Coverage Ratio d) Suggest five (5) tips to Mr Irawan for improving his financial planning. Mr Irawan is a Chief Operation Officer at Kuda Gemilang Company for 15 years. He 6arns RM25,000 per month and pays 11% of EPF contribution from his gross salary. He is happily married to Mrs Janna, with 5 children. Currently, his eldest child is a second-year bachelor's diploma program next year in a local university in Malaysia. Another three will be pursuing a still schooling in the national school. Mr Irawan's wife is a full-time houre of his children are income. Mr Irawan needs to properly plan for his financial position and saving and has no have to pay higher education fees for 2 children for next year and another children ince he will two years. The following details are the financial information provided by Mren in the next Based on the information, you are required to assist Mr Irawan on the followings: a) Construct a Balance Sheet statement as at 31 December 2022 for Mr Irawan. b) Construct a Cash Flow statement for the year ended 31 December 2022 for Mr lrawan. c) Calculate and comment on the financial ratios to assist Mr Irawan in his financial planning based on the statements constructed in (a) and (b) above. i) Current Ratio ii) Debt Service Coverage Ratio d) Suggest five (5) tips to Mr Irawan for improving his financial planning