The following are trial balance of Clarissa Amanda Sdn. Bhd. as at 31 December 2021. Debit RM Credit RM Opening stock, 1 Jan 2021 Purchases 16,000 75,000 Sales return 5,000 Carriage inwards 1,500 Plant and machinery 40,000 Furnitures and fixtures 5,000 Land 45,650 Cash in hand 5,000 Carriage outwards 400 Wages 30,000 Salaries 18,000 Duty on purchases 800 Account receivable 28,000 Travelling expenses 1,200 Rent and assessment 4,800 Drawings 5,000 Insurance 450 General expenses 12,200 Capital 80,000 Sales return 200,000 Purchases return 2,000 Discount received 500 Loan 10,000 Account payables 1,500 294,000 294,000 Additional information: i. Please change sales return rm200,000 to sales ii. Closing stock was valued at RM 38,000 (market value at RM 20,000). iii. iv. V. Wages amounting RM 2,000 and salaries amounting RM 1,500 are outstanding. Prepaid insurance amounted RM 150. Provide depreciation on plant and machinery at 5% and on furniture and fixtures at 10%. Required: a) Prepare Statement of Profit and Loss for the year ended 31st December 2021.