The following trial balance was extracted from the books of Focus Bhd on 31 December 2019. Debit RM000 Credit RM000 Issues share capital Ordinary shares of RM 1 each Preference shares of RM2.50 each 175,000 50,000 Tax paid 2,300 Purchases and sales 150,000 300,000 Return inwards and return outwards 3,000 1,300 Inventory as at 1 January 2019 65,000 Building 70,000 Plant and Machinery 36,000 Accumulated depreciation on building 14,400 Accumulated depreciation on plant and machinery 7,800 Account receivables and account payables 99,000 72,000 Insurance on machinery 850 Allowance for doubtful debts 550 General expenses 3,500 Cash 4,150 Bank 42,000 Discount received 350 Advertising expenses 1,000 Carriage outwards 2,050 Wages and salaries 30,000 10 % Fixed Deposit 155,000 Rental income 450 Bad Debt 1,000 Dividend paid 8,400 Retained earnings as at 1 January 2019 51,400 673,250 673,250 Additional information: a) The closing inventory as at 31 December 2019 is RM50,000. b) The depreciation policy of the company is to provide depreciation at the following rates: a. Plant and machinery 20% on cost b. Building 10% on cost

c) On 4 March 2019, a plant at a cost of RM8,000,000 was reclassified as a non-current asset held for sale. The plant was acquired on 1 January 2016. The fair value less costs to sell was RM3,500,000. No adjustment has been made to record the reclassification. d) The interest earned from fixed deposit account which was opened on 30 June 2019 was not yet received at the end of the current accounting year. Required: Prepare the following financial statements for Focus Bhd in accordance to the MFRS101 Presentation of Financial Statements. a. Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 December 2019. b. Statement of Financial Position as at 31 December 2019.