QUESTION 2 (10 MARKS: 24 MINUTES) The following selected accounts with their current balances as at 31 March 2021 were extracted from Affiqque Corporation Sdn Bhd. RM Sales 237,800 Rent revenue 40,000 Cost of merchandise sold 106,250 Cash 128,970 Accounts receivable 58,420 Merchandise inventory 42,890 Office supplies 18,500 Store equipment 140,000 Accumulated depreciation store equipment 37,910 Accounts payable 85,970 Unearned rent 32,000 Notes payable (due in 2 years) 79,780 Afiq, capital 1 March 2021 78,120 Additional information: 1. Selling expenses for the month of March 2021 was RM58,280. 2. Administrative expenses for the month of March 2021 was RM38,270. REQUIRED: (a) Prepare a single step Statement of Profit or Loss and Other Comprehensive Income for the month of March 2021. (3 Marks) (b) Prepare a Statement of Financial Position for the month of March 2021. (7 Marks)