Question 2 Juara Bhd has just completed its second year of operations. The comparative income statements for these years are as follows: Year 2020 2021 (RM) (RM) Sales revenue 500,000 800,000 Less: Cost of Goods Sold 300,000 464,000 Gross Margin 200,000 336,000 Operating Expenses 80,000 164,000 Interest Expenses 20,000 20,000 Income before Tax 100,000 152,000 Income Tax 34,000 51,680 Net Income 66,000 100,320