Q2 Alfero Rasa Sdn Bhd comparative balance sheets and income statement for year 2018 and 2019 are as follow: Assets Cash Account Receivable Inventory Prepaid Expenses Land ALFERO RASA SDN BHD Balance Sheets As at December 31, 2019 and 2018 2019 (RM) 2018 (RM) Change Increase/(Decrease) 54,000 37,000 17,000 68,000 26,000 42,000 54,000 0 54,000 4,000 6,000 45,000 70,000 (2,000) (25,000) 200,000 200,000 0 (21,000) (11,000) 10,000 193,000 68,000 125,000 18,000 Buildings Accumulated Depreciation-Buildings Equipment Accumulated Depreciation- Equipment Total Assets (28,000) (10,000) 569,000 386,000 Liabilities and Equity | Account Payable Accrued Expenses Payable 23,000 10,000 40,000 0 Convertible Notes Payable 110,000 Share Capital 220,000 150,000 60,000 Retained Earnings 206,000 136,000 Total liabilities and equity 569,000 386,000 (17,000) 10,000 (40,000) 160,000 70,000