$\frac{7}{11}$

$\backslash$table$[[$Directors$\text{'}$ fees,$225000,],[$Auditor$\text{'}$s fees,$25000,],[$Ordinary share dividends,$100000,],[,7975000,7975000]]$

Additional information

Stocktaking on $31$ December $2024$ revealed the following inventories:

$1\mathrm{.}1$ Trading inventory, R$480000$

$1\mathrm{.}2$ Stationery, R$500.$

A notice from the municipality reflected the rates assessment for the year ended $31$ December $2024$ to be R$32500.$

$3$ Depreciation must be provided as follows:

$3\mathrm{.}1$ On vehicles, R$100000$

$3\mathrm{.}2$ On equipment, R$60000.$

A debtor, who owed R$5000,$ was declared insolvent. His account must now be written off.

The insurance total includes an amount of R$4000$ that was paid for the next accounting period.

An amount of R$5000$ was due to be paid for audit fees on $03$ January $2025.$

The provision for bad debts must be increased by R$1500.$

Provide for interest on debentures for the year that is yet to be paid.

The company tax for the year amounted to R$170000.$

The profit after tax for the financial year ended $31$ December $2024$ was R$375500$ after all the above information was considered.