Extracted text: The following trial balance was extracted from the ledger of Juliana at 31 December 2020. Juliana Trial Balance as at 31 December 2020 RM RM Land at cost 26,000 Plant at cost 83,000 Accumulated Depreciation at 1 January 2020- Plant Office Equipment Accumulated Depreciation at 1 January 2020 Office Equipment 13,000 33,000 8,000 Receivables 198,000 Payables 52,000 Sales 763,000 Purchases 516,000 Returns inwards 47,000 Discount allowed 4,000 Capital at 1st January 2020 230,000 Drawings 14,000 Provision for doubtful debts at 1 January 2020 23,000 Salaries Expense 44,000 Administration costs 38,000 Bank 75,000 Bad debts written off 77,000 Inventory at 1 January 2020 84,000 1,164,000 1,164,000 Additional information: • Cosing inventory is RM74,000. • Depreciation on plant is charged at 10% per annum on cost. Depreciation on office equipment is charged at 20% per annum using the reducing balance method. Administration costs include insurance prepaid of RM3,000. Salary accrued amount to RM2,000. The allowance for receivables is to remain at RM23,000. Required: a. Prepare Statement of Comprehensive Income for the year ended 31December 2020. b. Prepare Statement of Financial Position as at 31 December 2020.