QUESTION 3 3.1. Given below are financial information for Boo-at Jer Sendirian Berhad for the financial year ended 31 December 2019 Item Amount (RM) Accounts payable 690000 Accounts receivable 380000 Prepaid taxes and insurance 90000 Cash & cash equivalents 985000 Plant, property & equipment 1940000 Operating profit 2650000 Net sales 5975000 Inventory 220000 Total Owners Equity (end balance) 2550000 Income taxes 590000 Interest charges 390000 Q3.1.a. Calculate the net profit after tax (2 marks) Format: 5880000Q 3.1.6 Calculate total current assets. (2.5 marks) Format : 4357000Q 3.1.c. Calculate total long term liabilities (3 marks) Format 579000Q 3.1.4. Prepare formatted Balance Sheet Statement as at 31 December 2019. Show in working to be attached. (7.3 marks) Formar AQ.32. The Beena Jer Contractor Company paid RM1448000 for a house and the land that it is on The value of the land was appraised at RM138000 and the value of the house at RM243000. The house was then torn down at an additional cost of RM1S000, so that a warehouse could be built on the land at a cost of RM1030000. For depreciation purposes, what is the cost basis for the warehouse? (3.5 marks) Format: 2870000 Q3.3. Camider the following data for a machinery using DDB depreciation method Cost of the machine 34000 Useful life 2 year Salvage value 6000 Act Calculate the book value at the end of the 4th year. (6.5 marks) Format: 3743