The trial balance of DSY Enterprise as at $31$ December $2020$ is as follows:

Additional information:

Depreciation for the building and equipment are $RM5,000$ and $RM4,500$ respectively.

Inventory as at $31$ December $2020$ is RM $44,450.$

Interest on bank loan of RM $200$ which is due on $31$ December is not yet paid.

Unpaid salary for the month of December is RM $5,500.$

Prepaid insurance is RM $1,000.$

Accrued utility expenses as at $31$ December is RM $2,700.$

Five per cent of the debt is assumed uncollectible.

Required:

a$.$ The Statement of Profit or Loss for the year ended ${31}^{st}$ December $2020.$

b$.$ The Statement of Financial Position as at ${31}^{st}$ December $2020.$