$5\mathrm{.}3$ REQUIRED Study the information given below and calculate the after$-$tax profit on the new sales. $(5$ marks$)$ INFORMATION The owner of Flamingo Limited is considering selling on credit to customers in another city. Sales from these customers are expected to amount to R$560000.$ However, $16\backslash \%$ of the sales is expected to be uncollectible. Additional collection costs are estimated to be $\backslash (12\backslash \%\backslash )$ of sales. The goods will be priced at cost plus $\backslash (40\backslash \%\backslash ).$ The tax rate of the company is $\backslash (27\backslash \%\backslash ).$