Question 2: Alex runs ABC bookstore which is his family business. He has an initial inventory count of RM8,400 on 1 July 2019 and an inventory count at 30 June 2020 showed inventory to be valued at RM9,350. Sales for the year to 30 June 2020 are RM80,000, and the cost of goods sold was RM60,000. Required: (a) Show the computation of the purchases that Alex incurred for the year ended 30 June 2020 (3 marks) (b) Draw up a trading account for the year ended 30 June 2020 (6 marks)