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QUESTION 1 Based on the Unadjusted Trial Balance of Cleanshine Products and Services for the financial year ended 31 December 2020, calculate the following: a. Total assets (6 marks) b. Total liabilities (2 marks) c. Purchase of inventory for the year ended 2020. The beginning inventory for fiscal year 2020 is RM1,380. (4 marks) Cleanshine Products and Services Unadjusted Trial Balance 31 December 2020 Dr. Cr. RM RM Cash Accounts Receivable Inventory, as at 1 January 2020 Prepaid Insurance Insurance Expense Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Expense Unearned Revenue 15,370 5,720 2,230 2,100 1,800 16,000 3,200 4,280 28,600 Revenue 2,760 87,200 20,000 3,980 21,500 Capital Retained Earnings Cost of Goods Sold Sundry Expense Utilities Expense Rent Expense 1,700 13,200 13,200 121,420 121,420