please don't answer my by hand writting,better if use your PC to answer, hopefully the answer incude the methods.

a) You are given the following information for IGB Company. As of year 1, the company's book value is RM50,000 and its cost of capital is 15%. Year 1 Year 2 Year 3 Year 4 Year 5 RM RM RM RM RM |122,000 114000 105,000 196,000 82,855 Sales Operating expenses Depreciation Net income Dividends Expected book value 100,000 90,000 80,000 70,000 57,145 10,000 11,300 12.770 14,430 14,430 12,000 12,700 12,230 11,570 11,280 6,000 6000 5,600 5,700 5,100 50,000 56,000 62,700 169,330 75,200 0.24000.2268 0.1951 |0.1669 0.1500 ROCE Dividends for year 6 and beyond are expected to remain at year 5 level. i) Compute Company's abnormal earnings for year 1 to year 5 (10 marks) ii) Use an accounting based valuation model to estimate the value of company's equity for year 1 to year (5 marks) b) Contrast direct method (Statement of Cash Flow) with indirect method (Statement of Cash Flow). marks) c) Discuss TWO (2) types of accounting change (5 marks) a) You are given the following information for IGB Company. As of year 1, the company's book value is RM50,000 and its cost of capital is 15%. Year 1 Year 2 Year 3 Year 4 Year 5 RM RM RM RM RM |122,000 114000 105,000 196,000 82,855 Sales Operating expenses Depreciation Net income Dividends Expected book value 100,000 90,000 80,000 70,000 57,145 10,000 11,300 12.770 14,430 14,430 12,000 12,700 12,230 11,570 11,280 6,000 6000 5,600 5,700 5,100 50,000 56,000 62,700 169,330 75,200 0.24000.2268 0.1951 |0.1669 0.1500 ROCE Dividends for year 6 and beyond are expected to remain at year 5 level. i) Compute Company's abnormal earnings for year 1 to year 5 (10 marks) ii) Use an accounting based valuation model to estimate the value of company's equity for year 1 to year (5 marks) b) Contrast direct method (Statement of Cash Flow) with indirect method (Statement of Cash Flow). marks) c) Discuss TWO (2) types of accounting change