( The following information relates to Mr. Johnson's business: Assets and liabilities at 1 January 2016 Fixtures Accounts receivable Inventory Accounts payable 18000 4800 24000 8000 760 15600 6000 31 December 2016 16200 5800 28000 11000 Cash Balance at bank Loan from Benson Motor vehicle During the year, Trader had sold private investments for RM4000 which he paid into the business bank account, and he had drawn out RM200 weekly for private use. 240 4600 2000 16000 Required: Prepare a statement of financial position as at 31 December 2016 and give the net profit as at the date.