The following trial balance was extracted from the book of Aqual VR Son Bhd as at 31 May 2020. Debit Credit RM RM Ordinary share capital: RM 1.00 each 79,100 8% Preference share: RM 1.00 each 13,000 Share premium 3,500 General reserve 8,300 Retained profit (as at 1 June 2019) 5,200 5% Debentures 40,000 Trade Receivables/payables 42,500 36,700 Cash at bank 55,000 Motor vehicles 83,000 Office Equipment 65,000 Accumulated depreciation for motor vehicles 13,000 Accumulated depreciation for office equipment 4,150 Revenue 350,000 Inventories as at 01.06.2019 15,000 Purchases 221, 100 Administrative expenses 35,550 Distribution costs 28,600 Salaries Discount 500 350 Legal fees 1,050 Directors' remuneration 4,500 Debentures interest 2,000 553,800 553,800 Additional information: 1) Inventory as at 31 May 2020 were valued at RM21, 100. 2) Depreciation is to be charged as follows: Motor vehicles :20% per annum on cos Office Equipment :10% per annum on cos 3) Tax expense for the year is RM4,500. 4) The following decisions were made by directors:- i) RM4,100 to be tranferred to general reserve account. ii) Preference shares dividend to be paid inf iii ) Final dividend of RMO. 10 was declared to ordinary sharehold