please answer question 5 a & b

5. You are a financial consultant for several different companies. Your clients are unsure if the following situations is an error, change in accounting policy or a change in accounting estimate. (a) An entity changes from presenting a classified statement of financial position (current and non-current assets and current and non-current liabilities shown as separate classifications) to a liquidity presentation (items presented in order of liquidity without currenton-current classification) because, in the entity's particular circumstances, a liquidity presentation provides information that is reliable and more relevant. (5 marks) (b) At end of financial year 2022, the entity discovered that a machine bought in year 2021 was not depreciated. Due to this, depreciation expense in year 2021 was understated by RM20,000. (5 marks) Required: Explain how the above should be treated in accordance to MFRS 108 Accounting Policies, Changes in Accounting Estimates and Errors