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Required: a) Calculate the amount to be i Comprehensive Income for the 2015. n de the Statement of Profit and Loss and Other s ember 2011, 2012, 2013, 2014, and (b) Calculate the amount to be mined in the Statement of Financial Position as at 31 December 2011, 2012, 2013, 2014, and 2015. Timeless Magazine Bhd. received RM15,000 of subscriptions in advance for 2013. Subscription revenue will be recognized in the financial statement equally in 2014 and 2015. However, from the perspective of tax, the whole amount of RM15,000 will be recognized immediately upon its receipt in 2013. Timeless Magazine Bhd. reported pre-tax accounting income of RM80.000, RM115,000, and RM105,000 for 2013, 2014, and 2015, respectively. The income tax rate is 20%, Required: (a) Calculate the amount to be recognized in the Statement of Profit and Loss and Other Comprehensive Income for the year ended 31 December 2013, 2014 and 2015 thi Calculate the amount to be recognized in the Statement of Financial Position as at 31 December 2013, 2014, and 2015. The carrying amount of assets and liabilities and their corresponding tax bases as at 31 December 2013 and 31 December 2014 of Preve Berhad are as follows: 6