Shaza is the owner of Shazayra Enterprise, a sport boutique. The business is engaged in selling various sport items and located at a strategic location. She plans to secure a bank loan to open up another branch. Since you have knowledge in accounting, she requested your assistance to prepare the final accounts of her business for the year ended 30 June 2018, in order to support her bank loan application. The following information is made available to you. Additional information: 1. Inventory as at 30 June 2018 were valued at RM25,000. 2. The depreciation on non-current assets are to be provided as follows: a. Office equipment 20% per annum using straight line mothod. b. Motor vehicle 20% per annum using reducing balance method. 3. Bad debt to be written off at year end amounted to RM150. 4. It is the policy of the business to provide 2% allowance on doubtful debt on the remaining account receivable. 5. The owner had withdrawn goods RM350 and cash RM2,400 for her personal use during the year. 6. During the year, the business has incurred and paid via cheque the carriage outward amounted to RM120 for goods delivered to a customer in another town. This transaction was omitted from the records. 7. 10% Loan from MM Bank was taken on 1 November 2017 and the interest on the loan has not yet been paid. 8. The following adjustments are to be made at year end: Required: a. Statement of Profit or Loss for the year ended 30 June 2018. b. Statement of Financial Position as at 30 June 2018. (18 marks)