Using this adjusted trial balance below, prepare the Statement of Comprehensive Income as at 31 December 2019 for ABC Sdn Bhd.

TRIAL BALANCE	ADJUSTMENTS	ADJUSTED TRIAL BALANCE
Accounts	DEBIT	CREDIT	DEBIT	CREDIT	DEBIT	CREDIT
Land	500,000				500,000
Building	200,000				200,000
Motor vehicles	120,000			1000	119,000
Plant and machinery	70,000				70,000
Retained profit as at 01.01.2019		312,150				312,150
8% debenture		150,000				150,000
Ordinary share		200,000				200,000
Accumulated depreciation as at 31.12.2019:
Building		60,000				60,000
Motor vehicles		69,250				69,250
Plant & machinery		40,000				40,000
Sales returns	3,600				3,600
Purchase returns		4,100				4,100
Sales		700,000				700,000
Purchases	400,000				400,000
Sales discounts	5,000			2000	3,000
Purchase discounts		3,500	2000			1,500
Opening inventory	52,000				52,000
7% Preference shares		50,000				50,000
Provision for bad debts		2,000				2,000
Trade receivables	26,700		3800		30,500
Trade payable		43,200				43,200
Administrative expenses	18,000		500		18,500
Staff training cost	4,000				4,000
Bad debts	12,500				12,500
Motor expenses	27,000		1000		28,000
Rental	90,000				90,000
Bank overdraft		15,400		500		15,900
Wages and salaries	115,000				115,000
Debenture interest	6,000				6,000
Suspense account		200				4000
	1,649,800	1,649,800	7,300	3,500	1,652,100	1,652,100

The following information is relevant:The closing inventory was RM47,000.

[20 marks]

The expected answer is to be 24000.