The following information has been extracted from the books of N2N Bhd. for the year to 31 December 2021: Profit & Loss Accounts for the year ended 31 December Profit before taxation Taxation Profit after taxation Less: Dividends Preference (paid) 2020 2021 RM000 RM000 19,000 40,800 -6,400 -10,400 12,600 30,400 -200 -200 -2,000 -4,000 10,400 26,200 Ordinary (paid) Retained profit for the year Statement of Financial Position as at 31 December 2020 2021 ASSETS RM000 RM000 Non-current assets Plant, machinery and equipment, at cost 35,200 47,800 Less Accumulated depreciation -19,000 -21,500 16,200 26,300 Current assets Inventory 10,000 30,000 Trade debtors 17,200 53,400 Prepayments 600 800 Cash at bank and in hand 1,200 0 Total current assets 29,000 84,200 Total assets 45,200 110,500 EQUITY & LIABILITIES Equity Share capital Ordinary shares of RM1 each 10,000 10,000 10% preference shares of RM1 each 2,000 2,000 Retained earnings 12,000 38,200 24,000 50,200 Non-current liability 15% debenture stock 1,200 1,500 Current liabilities Bank overdraft Trade creditors Accruals 0 26,400 12,000 20,000 1,600 2,000 Provision for taxation 6,400 10,400 Total current liabilities 20,000 58,800 Total equity & liabilities 45,200 110,500