The following is Company Ys comparative statement of financial position for the year ended 31 December 2022 and 2023.

ASSETS	2022 (RM'000)	2023 (RM'000)
Office equipment, cost	5,000	7,000
Bond investments, fair value	1,000	900
Patent and copyrights	2,000	3,000
Cash and cash equivalent	800	880
Trade receivable	340	270
Prepaid rent	10	0
Inventory	580	430
Dividends declared for the year	50	77
Total assets	9,780	12,557
CLAIMS AGAINST ASSETS	2022 (RM'000)	2023 (RM'000)
Long-term bank loan (RM50,000 due payment on 30 June each year)	3,000	2,950
Provision for warranty claims (claims expected to be made by customers in the next 4 years)	700	640
Accumulated depreciation on office equipment	120	160
Trade payable	550	410
Wages payable	0	280
Provision for inventory obsolescence (expires in 12 months)	100	100
Share capital	2,000	3,000
Retained earnings on 1 January	1,500	2,460
Profit for the year	1,010	1,557
Asset revaluation reserve	800	1,000
Total claims against assets	9,780	12,557

Prepare the Statement of Financial Position for Company Y as at 31 December 2023.