Sanisah Enterprise did not keep proper accounting records. Assets and liabilities of the business as at 2017 dan 2018 are as follows 31 Dec 2017 31 Dec 2018 Equipment RM15,200 RM14,100 Motor van (net) 24,000 20,000 Inventory 6,420 7.100 Wages payable 400 320 Prepaid Insurance 200 410 Accounts payable 4,240 5,530 Akaun receivable 5,110 5,320 Bank 2.140 3,680 Additional information: i. Sanisah withdrew cash from bank RM310 and took stock RM400 for her private usage during 2018 ii. Bad debt RM240 would be written off at the end of year 2018. ili. Any reduction in non current asset is considered as depreciation expenses.. iv. RM250 telephone bill is still not paid at the end of 2018 REQUIRED: c) Calculate profit or loss for the year ended 31 December 2018 Sanisah Enterprise did not keep proper accounting records. Assets and liabilities of the business as at 2017 dan 2018 are as follows 31 Dec 2017 31 Dec 2018 Equipment RM15,200 RM14,100 Motor van (net) 24,000 20,000 Inventory 6,420 7.100 Wages payable 400 320 Prepaid Insurance 200 410 Accounts payable 4,240 5,530 Akaun receivable 5,110 5,320 Bank 2.140 3,680 Additional information: i. Sanisah withdrew cash from bank RM310 and took stock RM400 for her private usage during 2018 ii. Bad debt RM240 would be written off at the end of year 2018. ili. Any reduction in non current asset is considered as depreciation expenses.. iv. RM250 telephone bill is still not paid at the end of 2018 REQUIRED: c) Calculate profit or loss for the year ended 31 December 2018