Q2 The statement of the financial position of PADU Printing Enterprise as of 31 December 2019 was shown in Table 1. Distinguish information according to Table 1 to find financial statement for the year 2019. (i) Gross profit or loss Net profit or loss (10 marks) Table 1: Financial statement of Padu Printing Enterprise for year 2019 January - December Year 2019 Assumptions: Start Operation 1/1/2019 Cash Injected by owner RM 70,000 Loan bank (6% for 6 years) RM 20,000 Sales Sales (unit) 13,000 Selling Price/Unit RM 25 Purchase Costs/unit 10 Purchase of Photostat machine RM 60,000 (useful life = 8 years) paid cash RM 60,000 in January 2019 Monthly Operating Expenses: (fully paid) Salary 4,000 Shop space rental 2,000 Electricity and other utilities 500 Transportation 300 Maintenance 300 Advertisements (for the year) 3,000 Other 200 RM