QUESTION 3 Part A Netizen Sdn. Bhd. nuns a retail company and recently completed its third year of operation. The Statement of Financial Position are as follows: Netizen Sdn Bhd Statement of Financial Position As at December 31 Assets 2020 (RM) 2019 (RM) Cash 53,000 58,100 Accounts Receivable 21.000 24,300 Inventory 30.800 29,200 Equipment 123,000 92,000 Accumulated depreciation 28.500 24,200 Total Assets RM199,300 RM179,400 Liabilities & Equity Accounts Payable Income taxes payable 36.300 11.000 33,000 8,000 Continued... Long term notes payable Share capital, RM2 par Paid-in capital in excess of par Retained earnings Total liabilities and equity 28,000 15,000 38.000 71.000 RM1199,300 36,000 12,000 31,000 59.400 RM179.400 Additional Information: 1. Purchased equipment by paying signing a long-term note for RM8,000 and paying cash for the balance. 2. Paid cash as a payment on the long-term notes payable. 3. Issued 100 shares for cash. 4. Declared and paid cash dividends of RM16,000 Required: Prepare Statement of Cash flows for 2020 using the indirect method (20 marks) Part B Illustrate three (3) main factors that contribute to the employee fraud and two () limitations of internal control