Use the following selected data about Comfort Bhd. and prepare the operating cash flows of the company for the year 2020. Balances Sheet Data Account receivables Equipment Bonds payable Salaries payable Prepaid expenses Inventories Account payable Accumulated depreciation Common stock Retained Earning Income Statement Data Net sales Cost of goods sold Operating expenses (excluding depreciation expense) Net Income Gain on sale of equipment (included in net income above) Amortization of bond discount (included in net income above) 1 April 2019 4 June 2019 1 July 2019 2 January 2020 2020 RM Revenue Recognition Reason (Yes/No) 34,000 60,000 50,000 2,000 5,000 29,000 30,000 10,000 150,000 38,000 2019 RM 42,000 40,000 100,000 1,000 3,000 25,000 35,000 16,000 100,000 20,000 2020 390,000 300,000 64,000 10,000 b) On 1 April 2019, K plus Berhad, a newly incorporated company, was granted a concession by the Malaysian Government. Under this concession, K plus Berhad would design, build and operate a tolled motorway for 30 years, after which it will hand over the motorway to the government for RM1. K plus Berhad secured financing of RM200 million for the project on 4 June 2019, at which time it appointed professional consultants for the design and survey component of the project. The design work commenced on 1 July 2019 and construction began on 2 January 2020. Required: For each of the four dates referred to in the scenario, state (with reasons), whether that is (/is not) the date on which K plus Berhad recognises the revenue income Date 2,000 1,500 (15 marks)