Presented below is the trial balance for Akshara Bunga Bhd (ABB) as at 31 December 2020: Accounts Debit (RM) Credit (RM) Land 156,250   Office building 193,750   Equipment 25,000   Motor vehicle 68,750   Accumulated depreciation:    - Office building    - Equipment    - Motor vehicle     65,000 10,000 26,250 Bank 137,500   Trade receivables 172,500   Supplies 18,750   Prepaid insurance 38,250   Long term investment 201,875   Goodwill 50,000   Inventory 56,500   Ordinary share capital   375,000 Reserves   25,000 Retained earnings   206,250 Rent revenue   71,875 Sales   675,000 Gain on revaluation of properties   11,250 Gain on sale of land   12,500 Gain on translation of foreign operations   6,250 Cost of goods sold 280,000   Salary and wages expenses 142,500   Finance cost 25,000   Distribution expenses 25,625   Advertising expenses 15,625   Other operating expenses 15,000   Income tax expense 17,750   Notes payable   100,000 Dividend payable   18,750 Trade payables   12,500 Unearned revenue   25,000   1,640,625 1,640,625         Additional information: No depreciation has been charged for the year. The company policy is to charge a full year’s depreciation on all assets held at the year-end at the following rates:   Office Building - 4% per annum on cost Equipment -5% per annum on cost Motor vehicle – 10% per annum on cost   Commission to salesmen is paid on net income for 2020 are announced to be RM62,500. The annual payment will be made on 1 March 2021. A note payable of RM100,000 was issued on 1 December 2020 at 9% per year. Interest is paid quarterly. The transaction has been recorded except for accrued interest. 25% of the notes are due next year. It is estimated that the provision for doubtful debts for the year is RM5,000. At the end of the year 2020, RM6,250 of unearned revenue was earned. The revenue earned has not been recorded. Supplies expenses for the year are RM10,000 and have not been recorded. On 28 December 2020 the company purchased merchandise on account at a price of RM15,000. The transaction has not been recorded as at 31 December 2020.   REQUIRED: Prepare a Statement of Profit or Loss and Other Comprehensive Income for ABB for the year ended 31 December 2020 according to MFRS 101 Presentation of Financial Statements.