On 1 January 2017, Mantra Co borrowed $12 million for the construction of a building that is estimated to cost $30 million and is expected to be completed in 2019. Only $5 million was utilized during the year and the balance of $7 million was invested temporarily in a fixed deposit which yielded an interest of 5% per annum. Total interest on the borrowing of $12 million for the year 2017 was $0.84 million and has neither been paid nor recorded 

Required: 

(a) Prepare the statement of comprehensive income for the year ended 31 December 2017. 

(b) Prepare the statement of financial position for the year ended 31 December 2017.