Muscat Distributors LLC (MDL)'s financial position as of 28th February 2021 is as follows: Statement of Finanancial Position Equity and Liabilities OMR'000 Assets OMR'000 Share capital 18000 Motor Vehicles at NBV 20000 (Cost: OMR 25 000 000) Bank loan 7000 Inventory : Unsold cars Inventory: Spare parts 5000 Net Profits 10000 Other assets 2000 35000 35000 8000 *NBV: Net Book Value. The company management has been decided the following 'creative accounting' measures: a) Currently, MDL depreciates motor vehicles by straight- line method over 5 years. However, the company has decided to change its depreciation policy as straight-line method over 8 years. b) Inventory: Unsold cars - Increase by OMR 600 000 to represent low provision for damaged cars. c) Inventory: Spare parts - Decrease by OMR 250 000 to represent obsolete spares. Task (2) Redraft the Statement of Financial Position as of 25th February 2021 to reflect the above Creative Accounting measures