The following are the statements of financial position (balance sheet) of Prominent Sdn Bhd as at 30 September 2021 and 30 September 2022. ASSETS Non-current assets Property, plant and equipment at cost Less Accumulated depreciation Property, plant and equipment (Net) Total non-current assets Current assets Inventory Trade receivables Cash and bank Total current assets Total assets EQUITY AND LIABILITIES Equity Share capital General reserve Retained earnings Total equity Non-current liabilities Bank Loan (10%) Total non-current liabilities Current liabilities Trade payables Current tax payable Total current liabilities Total liabilities Total equity and liabilities 3. Trade receivables are made up of the following: 30 2021 RM 39,100 Trade receivables 30 Sept 2021 30 Sept 2022 RM RM Sept 30 173,000 (46.000) 127,000 127,000 2022 RM 36,200 48,400 37,400 8,600 94,400 221,400 68,000 6,400 47,900 122.300 52,000 52.000 31,400 15,700 47,100 99,100 221.400 165,000 (52.000) 113,000 113,000 Additional information 1. Non-current assets that cost RM8,000 and had a written down value (i.e., cost less accumulated depreciation) of RM4,200 were disposed of during the year ended 30 September 2022 at a price of RM3,500. There were no other acquisitions or disposals of non-current assets during the year. 56,700 34,800 17.300 108,800 221,800 2. Total depreciation on non-current assets for the year ended 30 September 2022 was RM9,800. Sept 86,000 9,600 54,900 150.500 20,000 20.000 32,800 18.500 51,300 71,300 221.800 Less Provision for bad (1.700) debts Net trade receivables 37.400 (1.400) 34.800 4. The current tax payable at 30 September 2021 was paid in May 2022. 5. The proposed dividend for the year 30 September 2023 is RM29,600 and the proposed dividend for the year 30 September 2022 was RM34,800. If approved at the annual general meeting (AGM), the dividend is paid for immediately. The AGM is usually held three months after the reporting period end date (i.e., 30 September). 6. During the year, 10,000 shares were issued at RM1.80 per share. 7. Profit before interest and taxes for the year ended 30 September 2022 is RM65,500.