Answer Happy

The following are the statements of comprehensive income for
Chucky Bhd and Annabelle Sdn Bhd for year ended 31 December
2021:
Chucky ($’000)
Annabelle ($’000)
Sales
9,500
3,200
(-) Cost of sales
(4,800)
(1,400)
Gross profit
4,700
1,800
(-) Operating expenses
(1,600)
(700)
(+) Other income
300
-
Profit before taxation
3,400
1,100
(-) Taxation
(900)
(200)
Profit after taxation
2,500
900
Retained earnings as at 1 January 2021
5,900
1,800
Dividends declared in December 2021
800
80
300
20
Additional information:
Required:
(11 marks)
Note: Show ALL relevant workings.
(7 marks)
[18 marks]