Question 1 Susan Bhd's balances in the equity accounts as at 1 July 2019 were as follows: Accounts Ordinary shares Revaluation reserve Retained profits Total equity RM'000 30.000 2,000 20.000 52.000 The following information is given for the year: (0) Profit before tax for the year ended 30 June 2020 was RM1,500,000. Tax expenses for the year was RM300,000. Correction of prior year overstatement of revenue resulting in net profit after tax of RM715,000. (ii) Dividends distributed by Susan Berhad to its shareholders were RM200,000 on 30 June 2020. Exchange difference gain from translation of foreign currency transactions was RM50,000 (V) Exchange difference loss from translating foreign operations (net investment) was RM90,000 (vi) Issuance of 1,000,000 ordinary shares for RM1,250,000. (vii) A property of the company was found to be overvalued by RM130,000. Required: Prepare a Statement of Changes in Equity for the year ended 30 June 2020 in accordance with the requirements of MERS 101, Presentation of Financial Statements. [20 marks]