Raul Berhad is a public company located in Asia. Given below is a list of balances of Raul Berhad, as at 31 December 2019: Debit Credit RM'000 RM'000 Turnover 20,000 Cost of sales 10,000 Inventory 2,000 Selling and distribution expenses 1,000 Administrative expenses 1,500 Directors' salaries 200 Auditors' fees 250 Dividend received 100 interest illcome 50 Depreciation expenses Building 300 Plant and equipment 650 2 million 8% preference shares 2,000 5 million ordinary shares 23,000 Retained profits at 1 January 2019 14,680 Trade payable 5,000 Trade receivables 3,000 Bank balance 1,500 Interim dividends paid Preference dividends 80 Ordinary dividends 50 Tax under-provided in year 2018 50 Tax paid for current year 1,750 Investment in equity of listed companies, classified as held for 900 trading Investment in loan stock of listed companies, classified as non 600 current Freehold land 19.000 Buildings (at cost) 41,000 Plant and equipment (al cost) 12,000 Accumulated depreciation at 31 December 2019: Land Plant and equipment 26,000 5,000 95,830 95,830 Additional information: The tax expense for the year is RM2,350,000 (ii) At year-end, the fair value of investment in equity shares is RM920,000 There is no change in the value of the loan stock investment. (iii) Equity shares issued during the year total 2 million at RM7 per share. (iv) Depreciation is charged as follows: cost of sales 50 percent, administrative expenses 30 percent and selling expenses 20 percent. Required (a) Prepare the statement of profit or loss for the year ended 31 December 2019. (8 marks) (b) Prepare the statement of changes in equity. (4.5 marks (c) Prepare the statement of financial position as at 31 December 2019. (12.5 marks)