The following information were extracted from lkat Bhd as at 31 December 2023. RM'000 RM'000 Retained profits as at 1 January 2023 15,000 Ordinary shares capital 385,000 10% Debentures 50,000 Land at cost 100.000 Buildings at cost 300,000 Motor vehicle at cost 33.000 Office equipment 20,000 Accumulated depreciation Motor Vehicle 3,000 Provision for doubtful debts 5,000 Long term investments 10,000 Cash and bank 17,000 Inventory as at 1 January 2023 30.000 Accounts receivable and payable 44,000 38,000 Carriage inwards 10,000 Returns 10,000 8,000 Selling expenses 84.000 Administrative expenses 95,000 Debenture interest 3,000 Sales and Purchases 351.000 603.000 TOTAL 1.107.000 1.107.000 Additional Information: + Inventory as at 31 December 2023 RM25,000,000. + Debts totalling RM4,000,000 were written off as bad debts, and the provision for doubtful debts is to be maintained at 5% of remaining debtors. + Selling expenses of RM3,000,000 and administrative expenses of RM2,000,000 were owing at 31 December 2023. + Depreciation on: Buildings at 2% on cost Motor Vehicle and office equipment at 10% per annum on reducing balance basis. + The directors proposed to pay a dividend of 4% on paid-up capital. Required: a. Prepare a Statement of Comprehensive Income for the year ended 31 December 2023. (24 marks) b. Prepare a Statement of Financial Position as at 31 December 2023. (16 marks)